Active Listing  ·  54 days on market

1365 Cypress Paul St

Georgetown, TX 78628
$749,900
4 Bed 3 Bath 2,595 sqft $289/sqft Built 2026 0.14 acres 2-Car Garage Pool Parkside Peninsula

Welcoming front porch opens into the two-story entryway featuring French doors leading into the home office. Past the staircase you enter the kitchen, which hosts a 5-burner gas cooktop, an island with built-in seating space, and a corner walk-in pantry. The dining area connects the open two-story family room featuring a wall of windows with a sliding glass door that opens to the covered backyard patio. The primary bedroom hosts a wall of windows. French doors open into the primary bathroom featuring dual vanities, a glass-enclosed shower, a freestanding tub, and a large walk-in closet. On the second floor you enter the game room overlooking the first floor. Secondary bedrooms featuring walk-in closets and a shared bathroom complete this floor. A private guest suite with a full bathroom and a utility room are located off the kitchen. The mud room is just off the two-car garage.

At $289/sqft, this home is priced 28% above the Georgetown active market average of $226/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1365 Cypress Paul St, Georgetown, TX 78628

Property Details

Price $749,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,595 sqft
Lot Size 0.14 acres (6,250.86 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Parkside Peninsula
County Williamson
Zip Code 78628
$/sqft $289/sqft
Days on Market ,
HOA $70/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237529109
List Date June 24, 2026
Elementary School Tarvin
Middle School Stiles
High School Rouse
School District ,

Luke Allen (TREC #788149) has deep knowledge of Georgetown and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Similar Homes on the Market in Georgetown

Comparable Listings Right Now

Homes currently for sale in Georgetown with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
1321 Cypress Paul St
Parkside Peninsula
$749,900 $293 4 bd / 4 ba 2,561 sqft , 2026-07-23
1017 Sunset Hill Way
Parkside on the River West
$750,900 $255 4 bd / 4 ba 2,944 sqft , 2026-03-11
1041 Sunset Hill Way
Parkside on the River West
$750,900 $251 4 bd / 4 ba 2,995 sqft , 2026-02-26
324 Autumn Oak Way
Parkside on the River
$745,000 $228 4 bd / 4 ba 3,267 sqft , 2026-04-23
107 Patricia Rd
Whitetail
$765,000 $330 3 bd / 2 ba 2,316 sqft , 2026-02-04

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$3,600/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$149,980
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$3,600
Principal + Interest−$4,093
Property Tax (~2.1% TX avg)−$1,312
Insurance (~0.5%)−$312
Est. Monthly Cash Flow $-2,117

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Georgetown, TX

Georgetown sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Dell Technologies HQ 20 min S
Apple Campus (Domain) 30 min S
Williamson County jobs hub 5-10 min

More Luxury Homes in Georgetown

Loading…
View All Luxury Homes →
About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on July 21, 2026.

📞 (254) 718-2567 [email protected] More about Luke →