Active Listing  ·  280 days on market

1605 S Austin Ave

Georgetown, TX 78626
$829,000
3 Bed 3 Bath 2,711 sqft $306/sqft Built 1920 0.22 acres 2-Car Garage Pool Logan Add

NEW PRICE + UP TO $15,000 SELLER CREDIT! Offered at $829,000, with up to a $15,000 seller credit available with an acceptable offer that may be applied toward an interest-rate buydown and/or closing costs.*

Experience the charm of Old Town Georgetown without giving up modern comfort. Just a short walk from the historic Square, this beautifully restored 1920s home pairs original character with extensive updates throughout.

Original hand-sawn pine floors, classic woodwork, and original windows preserve the home's historic charm, while sound-reducing window inserts in the main front living spaces enhance interior comfort. Major improvements include new electrical and plumbing systems, new HVAC, a tankless water heater, and fully renovated kitchen and bathrooms with quartz countertops and custom cabinetry.

With 2,711 square feet of living space and 3,038 square feet of usable space, the home offers three bedrooms, three full baths, two living areas, and flexible spaces for today's lifestyle. The rear primary suite features its own private entrance, creating possibilities for guests, multigenerational living, or potential income-producing use.

Outside, enjoy a welcoming front porch, two rear porches, a newly fenced backyard, and mature pecan trees. A large gated side entrance accommodates boat or camper storage, while the detached two-car garage includes an EV charging station. A circular drive provides plenty of additional parking.

Historic character. Modern updates. Flexible living. And the best of Old Town Georgetown just blocks away from the square.

*Up to $15,000 seller credit available with an acceptable offer and may be applied toward an interest-rate buydown and/or buyer closing costs, subject to seller and lender approval. The credit amount may vary based on offer price and terms.

At $306/sqft, this home is priced 34% above the Georgetown active market average of $228/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1605 S Austin Ave, Georgetown, TX 78626

Property Details

Price $829,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 2,711 sqft
Lot Size 0.22 acres (9,583.2 sqft)
Year Built 1920
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Logan Add
County Williamson
Zip Code 78626
$/sqft $306/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $10,861.86
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT215443864
List Date February 5, 2026
Elementary School Annie Purl
Middle School James Tippit
High School East View
School District Georgetown ISD

Georgetown ISD

Annie Purl · James Tippit · East View

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 · February 5, 2026 $895,000
Previous ask $845,000
Current ask $829,000
▼ Reduced $66,000 (-7.4%) 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
113 Retreat Pl
Retreat Sub
$869,000 $322 4 bd / 4 ba 2,695 sqft , 2026-08-17
1905 S College St
Wg Lord Add
$699,000 $291 4 bd / 3 ba 2,401 sqft , 2025-12-27
810 E University Ave
Snyder Add
$685,000 $374 3 bd / 3 ba 1,832 sqft , 2025-06-18
515 E 8th St
Glasscock Add
$660,000 $302 3 bd / 2 ba 2,189 sqft , 2026-09-08
1402 Hutto Rd
University Park
$1,075,000 $457 3 bd / 3 ba 2,354 sqft , 2026-05-27

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
$3,979/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
$165,800
20% conventional investment loan

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

Estimated Gross Rent+$3,979
Principal + Interest−$4,524
Property Tax (assumed ~2.1%)−$1,451
Insurance (assumed ~0.5%)−$345
Est. Monthly Cash Flow $-2,341

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 · 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 October 28, 2026.

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

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