Active Listing  ·  11 days on market

161 Palio Pl

Georgetown, TX 78628
$500,000
4 Bed 4 Bath 2,412 sqft $207/sqft Built 2020 0.14 acres 2-Car Garage Pool Rancho Sienna

Discover unparalleled tranquility and breathtaking vistas from this charming residence located at 161 PALIO PL, Georgetown, TX 78628. This single-story home offers 2,437 square feet of meticulously designed living space, perfectly blending comfort with sophisticated style. The property boasts 4 bedrooms, 3 full bathrooms, and 1 half bathroom, providing ample space for both relaxation and entertaining. Step inside to an inviting entry area featuring hardwood flooring, leading to generously sized living areas bathed in natural light. High ceilings and recessed lighting enhance the open-concept floorplan, creating an airy and spacious atmosphere. The heart of the home, a well-appointed kitchen, features a large island with a breakfast bar, stainless steel appliances including a built-in oven, dishwasher, microwave, and range hood, complemented by wood flooring. The primary bedroom offers a serene retreat with vaulted ceilings, plush carpeting, and blinds for optimal comfort, while the primary bath boasts a double vanity and a spacious walk-in closet. Additional bedrooms are comfortably carpeted, with one offering convenient access to the inside laundry area. A versatile media room and an adaptable bonus room, both carpeted with recessed lighting, provide flexible spaces for various needs. Outside, a private, fenced yard awaits, complete with a covered patio, offering sweeping hill country and pond views, perfect for peaceful enjoyment and outdoor gatherings. This home captures picturesque hilltop and neighborhood views, creating a truly unique living experience. The practical driveway and garage provide convenient parking, and the shingle roof ensures lasting durability. This Georgetown gem offers a lifestyle of serene beauty and modern convenience.

At $207/sqft, this home is 9% below the Georgetown active market average of $227/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

161 Palio Pl, Georgetown, TX 78628

Property Details

Price $500,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,412 sqft
Lot Size 0.14 acres (6,246.5 sqft)
Year Built 2020
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Rancho Sienna
County Williamson
Zip Code 78628
$/sqft $207/sqft
Days on Market ,
HOA $52/Monthly
Annual Tax Est. $11,688.92
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240996921
List Date July 24, 2026
Elementary School Rancho Sienna
Middle School Liberty Hill Middle
High School Liberty Hill
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
604 Bottlebrush Dr
Gardens at Verde Vista
$500,000 $216 4 bd / 3 ba 2,315 sqft , 2024-12-20
820 Desaix Dr
Amending Plat/Oakmont
$500,000 $178 3 bd / 3 ba 2,814 sqft , 2026-06-22
809 Breezygrass Way
Teravista Ph 1 Sec 401
$500,000 $211 3 bd / 3 ba 2,366 sqft , 2026-07-24
228 Arrowhead Mound Rd
Wolf Ranch
$500,000 $256 4 bd / 3 ba 1,952 sqft , 2026-07-31
4221 Mercer Rd
Wolf Ranch West Ph 3 Sec 1A
$500,000 $220 4 bd / 3 ba 2,268 sqft , 2026-07-31

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
$2,400/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
$100,000
20% conventional investment loan

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

Estimated Gross Rent+$2,400
Principal + Interest−$2,729
Property Tax (~2.1% TX avg)−$875
Insurance (~0.5%)−$208
Est. Monthly Cash Flow $-1,412

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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