Active Listing  ·  133 days on market

1424 Purple Petunia Ln

Georgetown, TX 78628
$499,900
3 Bed 3 Bath 2,187 sqft $229/sqft Built 2026 0.15 acres 2-Car Garage Pool Parkside on the River West
1424 Purple Petunia Ln, photo 1
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About This Home

Extended entry with 12-foot coffered ceiling leads past the home office with French doors and the formal dining room to the open family room, kitchen, and morning area. Family room features a wall of windows. Kitchen features a 5-burner gas cooktop and a generous island with built-in seating space. Primary suite includes double- door entry to the primary bath with dual vanities, a freestanding tub, a separate glass-enclosed shower, and a large walk-in closet. All secondary bedrooms feature walk-in closets. Extended covered backyard patio. Two-car garage.

At $229/sqft, this home is priced in line with the Georgetown market average of $228/sqft across 1,178 active listings. View Austin market report →

Location

1424 Purple Petunia Ln, Georgetown, TX 78628

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Property Details

Price $499,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,187 sqft
Lot Size 0.15 acres (6,446.88 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Parkside on the River West
County Williamson
Zip Code 78628
$/sqft $229/sqft
Days on Market ,
HOA $840/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238439953
List Date July 2, 2026
Elementary School Parkside
Middle School Stiles
High School Rouse
School District Leander ISD

School District

Leander ISD

Parkside · Stiles · Rouse

Have Questions About This Property?

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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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · July 2, 2026 $721,900
Previous ask $512,900
Current ask $499,900
▼ Reduced $222,000 (-30.8%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
109 Peaceful Serenity Dr
Parkside on the River $499,900 $214 4 bd / 3 ba 2,339 sqft , 2026-05-08
1101 Pansy Trl
Parkside on the River $499,295 $233 3 bd / 3 ba 2,142 sqft , 2026-09-28
1129 Pansy Trl
Parkside on the River $498,185 $240 3 bd / 2 ba 2,078 sqft , 2026-01-21
1125 Pansy Trl
Parkside on the River $502,506 $213 3 bd / 3 ba 2,358 sqft , 2026-02-24
1133 Pansy Trl
Parkside on the River $519,900 $218 4 bd / 3 ba 2,381 sqft , 2026-06-03

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
$2,400/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
$99,980
20% conventional investment loan

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

Estimated Gross Rent+$2,400
Principal + Interest−$2,728
Property Tax (assumed ~2.1%)−$875
Insurance (assumed ~0.5%)−$208
Est. Monthly Cash Flow $-1,411

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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Explore Austin Real Estate

Austin Luxury Homes Sell a Luxury Home Homes with Pool Sell Home Over $2M Investment Properties Rental Properties 1031 Exchange Austin BRRRR Method Austin Austin Market Report Contact Luke Allen
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 · 41 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. The written content was last updated on November 4, 2026.

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

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