Active Listing  ·  86 days on market

1373 Cypress Paul St

Georgetown, TX 78628
$647,257
4 Bed 4 Bath 2,592 sqft $250/sqft Built 2026 0.14 acres 2-Car Garage Pool New Construction Parkside Peninsula

Discover Parkside Peninsula, a boutique luxury community in the heart of highly acclaimed Leander Independent School District. This stunning under-construction Highland Homes Van Gogh floorplan offers thoughtfully designed single-story living with 4 bedrooms, 3.5 baths, and exceptional designer details throughout.

A private guest suite with its own en-suite bath is tucked away for comfort and privacy, while two secondary bedrooms share a convenient Jack-and-Jill bath. The spacious study provides the perfect work-from-home space or flex room. Retreat to the luxurious primary suite featuring a freestanding soaking tub, separate walk-in shower with tile flooring, and a spa-inspired atmosphere.

The chef’s kitchen is designed to impress with double-stacked cabinetry, a massive center island, butcher’s pantry, and optional hutch area for additional storage and entertaining space. The open-concept design flows seamlessly into the dining and family rooms, highlighted by soaring cathedral ceilings that create a bright and expansive feel.

Located in one of Leander’s most desirable communities, residents enjoy boutique-style living with convenient access to shopping, dining, recreation, and top-rated schools.

At $250/sqft, this home is priced 11% 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

1373 Cypress Paul St, Georgetown, TX 78628

Property Details

Price $647,257
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,592 sqft
Lot Size 0.14 acres (6,229.08 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Parkside Peninsula
County Williamson
Zip Code 78628
$/sqft $250/sqft
Days on Market ,
HOA $280/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT231095267
List Date May 22, 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.

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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
1381 Cypress Paul St
Parkside Peninsula
$649,900 $215 4 bd / 4 ba 3,023 sqft , 2026-03-27
4012 Fulton Dr
Edgewood
$649,990 $193 5 bd / 4 ba 3,365 sqft , 2026-07-01
809 Purmela St
Edgewood
$629,990 $196 4 bd / 4 ba 3,221 sqft , 2026-05-14
1317 Cypress Paul St
Parkside Peninsula
$624,990 $242 4 bd / 4 ba 2,587 sqft , 2026-04-14
1352 Cypress Paul St
Parkside Peninsula
$624,990 $263 4 bd / 3 ba 2,374 sqft , 2026-04-18

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
$3,107/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
$129,451
20% conventional investment loan

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

Estimated Gross Rent+$3,107
Principal + Interest−$3,532
Property Tax (~2.1% TX avg)−$1,133
Insurance (~0.5%)−$270
Est. Monthly Cash Flow $-1,828

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

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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 20, 2026.

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