About This Home

The Oberlin - This single-level home features a spacious open floorplan where the family room, kitchen and dining room share a footprint. A covered patio is ideal for curling up with a book on a sunny afternoon. Three bedrooms complete this home, including a luxurious owner’s suite with a private bathroom and walk-in closet. Photos are for illustrative purposes only. Estimated Completion September 2026. The completion date, prices and features may vary and are subject to change. Please verify with Lennar directly.

At $222/sqft, this home is priced in line with the Georgetown market average of $227/sqft across 1,316 active listings. View Austin market report →

Location

1505 Roaming Oak Bnd, Georgetown, TX 78628

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Property Details

Price $283,499

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,279 sqft

Lot Size 0.11 acres (4,748.04 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Woodfield Preserve

County Williamson

Zip Code 78628

$/sqft $222/sqft

Days on Market ,

HOA $120/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT236136660

List Date June 12, 2026

Elementary School Raye McCoy

Middle School Charles A Forbes

High School Georgetown

School District ,

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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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

111 Bass St
Sun City Georgetown Neighborhood 04 $283,500 $208 2 bd / 2 ba 1,360 sqft , 2026-07-31

400 Fannin Ct
Sun City Nbrhd 86 $284,700 $195 2 bd / 2 ba 1,459 sqft , 2026-05-01

129 Tall Grass Dr
Morningstar $284,900 $179 3 bd / 2 ba 1,591 sqft , 2026-07-14

318 Barrington Farm Ct
Sun City Georgetown Neighborhood 41 Pud $284,950 $205 3 bd / 2 ba 1,388 sqft , 2026-04-16

272 Red Poppy Trl
Sun City Texas $282,000 $245 2 bd / 2 ba 1,153 sqft , 2025-08-22

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

$1,361/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

$56,700

20% conventional investment loan

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

Estimated Gross Rent+$1,361

Principal + Interest−$1,547

Property Tax (~2.1% TX avg)−$496

Insurance (~0.5%)−$118

Est. Monthly Cash Flow $-800

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 →

1505 Roaming Oak Bnd

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Georgetown, TX

More Luxury Homes in Georgetown

1505 Roaming Oak Bnd

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Georgetown, TX

More Luxury Homes in Georgetown

Explore Austin Real Estate