Active Listing  ·  47 days on market

1500 Northwest Blvd #411

Georgetown, TX 78628
$215,000
2 Bed 1 Bath 790 sqft $272/sqft Built 1985 Pool Cedar Ridge At Georgetown Condo

Welcome to Cedar Ridge Condominiums, a 60-unit condominium community located at 1500 Northwest Blvd. in Georgetown, Texas. Offering a combination of one- and two-bedroom residences, Cedar Ridge provides an opportunity for low-maintenance homeownership in an established Georgetown location with convenient access to shopping, dining, employment centers, major roadways, and the historic Georgetown Square.

Each residence has been thoughtfully updated with a fresh, modern interior. Updates include new kitchens with quartz countertops, shaker-style cabinetry and stainless steel appliances, along with updated bathrooms, modern lighting, fresh paint and finishes throughout. Select floor plans also include an all-in-one washer/dryer for added convenience.

Cedar Ridge is also receiving updates beyond the individual residences, with improvements planned throughout the property and community spaces. Its central Georgetown location offers the convenience of an established neighborhood while remaining close to the everyday amenities and destinations that continue to make Georgetown one of Central Texas' most sought-after communities.

One-bedroom residences anticipated from $199,000 and two-bedroom residences anticipated from $215,000.

Quick Property Facts

Community: Cedar Ridge Condominiums

Address: 1500 Northwest Blvd., Georgetown, TX

Total Residences: 60

1 Bedroom: 12 units | 1 Bath | Approx. 640 SF

2 Bedroom: 48 units | 1 Bath | Approx. 792 SF

Interior Features: Quartz countertops, shaker cabinetry, stainless steel appliances, updated bathrooms, modern lighting and fresh interior finishes

Property Type: Condominium

Location: Georgetown, Williamson County, Texas

Pricing: Anticipated from $199K–$215K depending on floor plan

At $272/sqft, this home is priced 20% 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

1500 Northwest Blvd #411, Georgetown, TX 78628

Property Details

Price $215,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 790 sqft
Lot Size ,
Year Built 1985
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Cedar Ridge At Georgetown Condo
County Williamson
Zip Code 78628
$/sqft $272/sqft
Days on Market ,
HOA $200/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246076000
List Date September 7, 2026
Elementary School Frost
Middle School Charles A Forbes
High School Georgetown
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
1500 Northwest Blvd #418
Cedar Ridge At Georgetown Condo
$215,000 $272 2 bd / 1 ba 790 sqft , 2026-09-07
1500 Northwest Blvd #413
Cedar Ridge At Georgetown Condo
$215,000 $272 2 bd / 1 ba 790 sqft , 2026-09-28
1500 Northwest Blvd #424
Cedar Ridge At Georgetown Condo
$215,000 $272 2 bd / 1 ba 790 sqft , 2026-10-09
1500 Northwest Blvd #417
Cedar Ridge At Georgetown Condo
$215,000 $272 2 bd / 1 ba 790 sqft , 2026-10-09
1500 Northwest Blvd #415
Cedar Ridge At Georgetown Condo
$215,000 $272 2 bd / 1 ba 790 sqft , 2026-10-10

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
$1,032/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
$43,000
20% conventional investment loan

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

Estimated Gross Rent+$1,032
Principal + Interest−$1,173
Property Tax (~2.1% TX avg)−$376
Insurance (~0.5%)−$90
Est. Monthly Cash Flow $-607

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 October 12, 2026.

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