Active Listing  ·  18 days on market

1500 Carriageway Dr

Georgetown, TX 78626
$386,946
3 Bed 2 Bath 1,702 sqft $227/sqft Built 2026 0.20 acres 2-Car Garage Pool New Construction Overlook Ranch

This inviting, single-story home showcases an open floor plan with stylish luxury vinyl plank flooring and a spacious great room ideal for gathering or cozy nights in. A flexible study provides the perfect space for a home office or playroom. The thoughtfully appointed kitchen boasts Shaker-style upper cabinets, sleek tile backsplash and elegant Silestone® countertops in Lyra. Unwind in the primary bedroom, complete with plush carpeting, a walk-in closet and connecting bath that offers a dual-sink vanity, chic tile flooring and a tub/shower combination. Additional ammenities include a smart thermostat, Sherwin-Williams® interior paint, modern Moen® fixtures throughout and ceiling fan at great room for added comfort. Step outside to the covered back patio and enjoy outdoor living year-round.

At $227/sqft, this home is priced in line with the Georgetown market average of $224/sqft across 1,320 active listings. View Austin market report →

Location

1500 Carriageway Dr, Georgetown, TX 78626

Property Details

Price $386,946
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,702 sqft
Lot Size 0.20 acres (8,925.44 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Overlook Ranch
County Williamson
Zip Code 78626
$/sqft $227/sqft
Days on Market ,
HOA $840/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT242295420
List Date August 5, 2026
Elementary School Carver
Middle School Wagner
High School East View
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
2561 Donna Olene Dr
Overlook Ranch
$388,751 $198 3 bd / 3 ba 1,959 sqft , 2026-06-29
3301 Donatello Cv
Vizcaya Ph 3A Sub
$380,000 $232 2 bd / 2 ba 1,641 sqft , 2026-06-04
201 Connor Ln
Parks at Westhaven
$379,990 $197 4 bd / 2 ba 1,927 sqft , 2026-08-21
3220 Drago Dr
Vizcaya Ph 5E
$375,000 $195 2 bd / 2 ba 1,924 sqft , 2026-05-20
501 Emerald Cv
Bridgehaven Ph 4
$375,000 $171 4 bd / 2 ba 2,189 sqft , 2026-06-29

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
$1,857/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
$77,389
20% conventional investment loan

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

Estimated Gross Rent+$1,857
Principal + Interest−$2,112
Property Tax (~2.1% TX avg)−$677
Insurance (~0.5%)−$161
Est. Monthly Cash Flow $-1,093

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 August 16, 2026.

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