Active Listing  ·  24 days on market

165 Lady Bird Ln

Georgetown, TX 78628
$575,000
4 Bed 3 Bath 3,212 sqft $179/sqft Built 2014 0.23 acres 3-Car Garage Pool Parkside at Mayfield Ranch

Discover the space, flexibility, and comfort you've been searching for at 165 Lady Bird Ln in southern Georgetown! Ideally positioned near the Georgetown-Leander border and zoned to highly sought-after Leander ISD, this spacious 4-bedroom, 3-bath home offers an exceptional floor plan designed for everyday living, entertaining, and multigenerational households.

One of the home's standout features is its mother-in-law suite, offering a wonderful opportunity for extended family, visiting guests, or those seeking additional privacy and independence. With two separate living areas, everyone has room to relax, entertain, or enjoy their favorite activities. The secondary living room is ideal for a media room, game room, children's retreat, or additional family gathering space.

A dedicated home office provides a comfortable setting for remote work, studying, or managing a home-based business. Two dining areas offer versatility for both formal gatherings and casual meals, while the kitchen's spacious gathering island provides additional seating and a natural place for family and friends to connect.

The open-concept main living area flows into the kitchen and dining spaces, creating an inviting environment for entertaining. Large windows bring in natural light, while the covered back patio offers an ideal setting for outdoor dining, morning coffee, or relaxing evenings overlooking the backyard.

The 3-car tandem garage provides valuable additional space for vehicles, storage, recreational equipment, or workshop needs.

Whether you're searching for a multigenerational home, a mother-in-law floor plan, a dedicated home office, multiple living areas, or a 3-car garage, this Georgetown property offers the versatility to accommodate your lifestyle.

Enjoy the convenience of southern Georgetown living with access to the growing Leander and North Austin areas. Schedule your private showing and discover the possibilities!

At $179/sqft, this home is 21% below the Georgetown active market average of $228/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

165 Lady Bird Ln, Georgetown, TX 78628

Property Details

Price $575,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 3,212 sqft
Lot Size 0.23 acres (10,105.92 sqft)
Year Built 2014
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Parkside at Mayfield Ranch
County Williamson
Zip Code 78628
$/sqft $179/sqft
Days on Market ,
HOA $150/Quarterly
Annual Tax Est. $13,101
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT250319839
List Date October 19, 2026
Elementary School Parkside
Middle School Stiles
High School Rouse
School District Leander ISD

Leander ISD

Parkside · Stiles · Rouse

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
348 Lake Livingston Dr
Parkside At Mayfield Ranch Sec 10
$574,998 $196 4 bd / 3 ba 2,941 sqft , 2026-10-15
1313 Cypress Paul St
Parkside Peninsula
$574,990 $221 4 bd / 4 ba 2,601 sqft , 2026-04-15
4013 Waxahachie Rd
Edgewood
$579,990 $180 5 bd / 4 ba 3,221 sqft , 2026-07-01
912 Purmela St
Edgewood
$579,990 $208 4 bd / 4 ba 2,785 sqft , 2026-09-01
832 Purmela St
Edgewood
$569,990 $169 5 bd / 4 ba 3,365 sqft , 2026-04-29

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
$2,760/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
$115,000
20% conventional investment loan

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

Estimated Gross Rent+$2,760
Principal + Interest−$3,138
Property Tax (assumed ~2.1%)−$1,006
Insurance (assumed ~0.5%)−$240
Est. Monthly Cash Flow $-1,624

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 November 3, 2026.

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

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