Active Listing  ·  68 days on market

1509 Blue Creek Ln

Georgetown, TX 78628
$514,999
5 Bed 3 Bath 2,658 sqft $194/sqft Built 2022 0.14 acres 2-Car Garage Pool Parkside on the River Ph 1A

Welcome home to this beautifully maintained two-story residence that blends modern style with everyday comfort. From the moment you step inside, you'll appreciate the soaring ceilings, abundant natural light, and open-concept design that creates a bright and inviting atmosphere throughout.

The spacious main living area flows seamlessly into the gourmet kitchen, featuring rich dark cabinetry, stainless steel appliances, a large center island with quartz countertops, ample cabinet storage, and a walk-in pantry—perfect for entertaining or everyday living. The adjacent dining area offers plenty of space for family gatherings while maintaining an open connection to the living room.

Upstairs, you'll find generously sized bedrooms with plush carpeting, ceiling fans, and ample closet space. A dedicated media room provides the ideal setting for movie nights, gaming, or a private home theater. The oversized upstairs flex space can easily serve as a game room, home office, fitness area, or additional living space to fit your lifestyle.

The spacious primary suite offers a relaxing retreat with a spa-inspired bathroom featuring a large walk-in glass shower with designer tile, dual vanities, and modern finishes. Secondary bathrooms are equally well-appointed with updated fixtures and stylish touches.

Step outside to enjoy the covered back patio overlooking a private backyard with mature shade trees and no immediate rear neighbors, creating a peaceful outdoor setting for relaxing or entertaining.

At $194/sqft, this home is 15% below the Georgetown active market average of $229/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1509 Blue Creek Ln, Georgetown, TX 78628

Property Details

Price $514,999
Status Active Listing
Beds 5
Full Baths 3
Half Baths ,
Living Area 2,658 sqft
Lot Size 0.14 acres (6,141.96 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Parkside on the River Ph 1A
County Williamson
Zip Code 78628
$/sqft $194/sqft
Days on Market ,
HOA $210/Quarterly
Annual Tax Est. $13,965.83
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239966508
List Date July 17, 2026
Elementary School Parkside
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.

Schedule a Call →

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 17, 2026 $529,999
Current ask $514,999
Reduced $15,000 (-2.8%) 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
1101 Scenic Green Loop
Parkside on the River
$521,137 $202 4 bd / 4 ba 2,575 sqft , 2026-07-06
1409 Scenic Green Loop
Parkside on the River
$524,321 $204 4 bd / 4 ba 2,575 sqft , 2026-06-05
328 Terrene Trl
Parkside/River Ph 2 Sec 4 & 7
$499,990 $167 5 bd / 4 ba 2,998 sqft , 2026-09-12
229 Bluff Creek Ln
Parkside on the River
$499,900 $205 4 bd / 3 ba 2,444 sqft , 2026-09-08
121 Amber Oak Ln
Parkside on the River
$491,538 $217 4 bd / 3 ba 2,261 sqft , 2026-04-13

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
$2,472/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
$103,000
20% conventional investment loan

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

Estimated Gross Rent+$2,472
Principal + Interest−$2,811
Property Tax (~2.1% TX avg)−$901
Insurance (~0.5%)−$215
Est. Monthly Cash Flow $-1,455

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 September 20, 2026.

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