Active Listing  ·  74 days on market

165 Silverado Dr

Georgetown, TX 78633
$695,000
3 Bed 2 Bath 2,618 sqft $265/sqft Built 2011 1.08 acres 3-Car Garage Pool Shady Oaks Estates

Tucked beneath a canopy of towering oak trees on a beautifully landscaped homesite, 165 Silverado Drive offers a level of peace, privacy, and natural beauty that's becoming harder and harder to find. From the moment you arrive, you're surrounded by mature trees, thoughtful landscaping, and a setting that feels like your own private retreat.

Inside, the spacious single-story layout was designed for both everyday living and effortless entertaining. Rich hardwood floors, soaring ceilings, and walls of windows fill the home with natural light, while the stunning stone fireplace creates a warm gathering place in the heart of the home. The open kitchen is equally impressive with granite countertops, abundant cabinetry, a large center island, and plenty of space to cook, gather, and make memories.

The private primary suite is tucked away from the secondary bedrooms and offers peaceful backyard views, a spa-like bath with dual vanities, walk-in shower, and an oversized walk-in closet. A dedicated office, formal dining room, spacious secondary bedrooms, and an oversized laundry room provide the flexibility today's buyers are looking for.

One of our favorite spaces is the screened porch. Whether you're enjoying your morning coffee, listening to the birds, or winding down after a long day, it's the perfect place to slow down and take in the incredible surroundings.

And perhaps one of the most unique features of this property is something you won't find on a typical listing. The neighboring lot has been permanently preserved and cannot be built on due to the discovery of a protected cave. That means the peaceful views, added privacy, and beautiful natural setting beside the home will remain for years to come, making this property feel even more special.

If you've been dreaming of room to breathe, mature trees, and a home that offers both timeless style and a truly serene setting, this one is absolutely worth experiencing in person.

At $265/sqft, this home is priced 16% above the Georgetown active market average of $229/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

165 Silverado Dr, Georgetown, TX 78633

Property Details

Price $695,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,618 sqft
Lot Size 1.08 acres (47,044.8 sqft)
Year Built 2011
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Shady Oaks Estates
County Williamson
Zip Code 78633
$/sqft $265/sqft
Days on Market ,
HOA $120/Annually
Annual Tax Est. $10,652.16
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237171503
List Date July 10, 2026
Elementary School Jarrell
Middle School Jarrell
High School Jarrell
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 10, 2026 $725,000
Previous ask $707,500
Current ask $695,000
Reduced $30,000 (-4.1%) 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
224 Telegraph Ln
Sun City
$720,000 $263 3 bd / 4 ba 2,740 sqft , 2026-07-21
435 Davis Mountain Cir
Sun City Texas Nbrhd 51 Pud
$661,900 $258 3 bd / 3 ba 2,568 sqft , 2026-08-06
718 Peaceful Psalms Pl
Sun City Texas
$744,433 $331 3 bd / 2 ba 2,250 sqft , 2026-08-25
112 Telegraph Ln
Sun City
$750,000 $268 3 bd / 4 ba 2,794 sqft , 2026-06-16
511 Davis Mountain Cir
Sun City Texas Pud Nbrhd 59
$619,950 $243 2 bd / 3 ba 2,552 sqft , 2026-07-18

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
$3,336/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
$139,000
20% conventional investment loan

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

Estimated Gross Rent+$3,336
Principal + Interest−$3,793
Property Tax (~2.1% TX avg)−$1,216
Insurance (~0.5%)−$290
Est. Monthly Cash Flow $-1,963

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 19, 2026.

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