Active Listing  ·  21 days on market

1622 Butterfly Bush Ln

Georgetown, TX 78628
$453,999
4 Bed 3 Bath 3,353 sqft $135/sqft Built 2026 0.10 acres 2-Car Garage Pool Woodfield Preserve

The Tobin - This new two-story home exudes elegance with a secluded owner’s suite on the first floor, a private retreat with a spa-inspired bathroom and walk-in closet. Upon entry is an additional bedroom, and an open plan at the back of the home blends the kitchen, living and dining areas with immediate access to an inviting covered patio. Two additional bedrooms can be found on the second floor. This home boasts desirable features such as a first-floor study, along with a media room and a game room on the upper level. Photos are for illustrative purposes only. Estimated Completion November 2026. The completion date, prices and features may vary and are subject to change. Please verify with Lennar directly

At $135/sqft, this home is 41% 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

1622 Butterfly Bush Ln, Georgetown, TX 78628

Property Details

Price $453,999
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 3,353 sqft
Lot Size 0.10 acres (4,356 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Woodfield Preserve
County Williamson
Zip Code 78628
$/sqft $135/sqft
Days on Market ,
HOA $120/Monthly
Annual Tax Est. $2,087.18
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245414701
List Date September 1, 2026
Elementary School Raye McCoy
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.

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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 · September 1, 2026 $466,999
Previous ask $463,999
Current ask $453,999
Reduced $13,000 (-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
903 Madrone Dr
Georgetown Village Sec 09 Ph 01 Pud
$457,650 $150 4 bd / 3 ba 3,051 sqft , 2026-08-14
232 Village Commons Blvd
Shell Ranch Sec 02-A
$459,000 $183 4 bd / 3 ba 2,504 sqft , 2026-08-27
2317 Porch Swing Dr
Woodfield Preserve
$443,999 $146 5 bd / 4 ba 3,048 sqft , 2026-09-18
1702 Butterfly Bush Ln
Woodfield Preserve
$437,999 $140 4 bd / 3 ba 3,136 sqft , 2026-09-01
505 Bluehaw Dr
Georgetown Village Sec 09 Ph 01 Pud
$435,000 $184 3 bd / 3 ba 2,367 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
$2,179/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
$90,800
20% conventional investment loan

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

Estimated Gross Rent+$2,179
Principal + Interest−$2,478
Property Tax (~2.1% TX avg)−$794
Insurance (~0.5%)−$189
Est. Monthly Cash Flow $-1,282

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 22, 2026.

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