Active Listing  ·  148 days on market

1701 Highland Ridge Rd

Georgetown, TX 78628
$629,990
5 Bed 5 Bath 3,533 sqft $178/sqft Built 2016 0.23 acres 3-Car Garage Pool OAKS AT SAN GABRIEL

Well-maintained home in a convenient Georgetown location with a functional, easy-living layout. The floor plan offers a comfortable flow between the kitchen, living, and dining areas, creating a space that works for both everyday living and hosting.

The kitchen provides ample counter space and storage, opening to the main living area for a connected feel without sacrificing definition between spaces. Bedrooms are well-sized and thoughtfully positioned, offering flexibility for guests, family, or a home office.

Natural light carries throughout the home, adding to the overall sense of comfort and livability. The property has been kept in excellent condition, making it a strong option for buyers looking for something move-in ready.

An added opportunity: nearly all furnishings in the home are available for purchase for $40,000. Most pieces are almost new, offering a convenient turnkey setup for buyers who prefer a furnished option.

Located with easy access to shopping, dining, and major routes, while still set in an established neighborhood setting.

At $178/sqft, this home is 22% 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

1701 Highland Ridge Rd, Georgetown, TX 78628

Property Details

Price $629,990
Status Active Listing
Beds 5
Full Baths 4
Half Baths 1
Living Area 3,533 sqft
Lot Size 0.23 acres (10,040.58 sqft)
Year Built 2016
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision OAKS AT SAN GABRIEL
County Williamson
Zip Code 78628
$/sqft $178/sqft
Days on Market ,
HOA $400/Annually
Annual Tax Est. $16,608.85
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227766849
List Date April 28, 2026
Elementary School Bar W
Middle School Santa Rita Middle
High School Legacy Ranch
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
109 Rocky River Rd
Oaks/San Gabriel Secs 11 & 12
$610,000 $169 6 bd / 4 ba 3,602 sqft , 2026-06-20
129 Whistling Willow Dr
Crescent Bluff
$609,221 $249 4 bd / 3 ba 2,442 sqft , 2026-06-03
1205 Horizon View Dr
Crescent Bluff
$662,402 $183 4 bd / 3 ba 3,620 sqft , 2026-07-16
212 Scenic Hills Cir
Crescent Bluff
$589,000 $227 4 bd / 4 ba 2,600 sqft , 2026-09-16
624 Breeze Hollow Ln
Oaks at San Gabriel
$579,990 $164 4 bd / 3 ba 3,547 sqft , 2026-05-20

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
$3,024/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
$125,998
20% conventional investment loan

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

Estimated Gross Rent+$3,024
Principal + Interest−$3,438
Property Tax (~2.1% TX avg)−$1,102
Insurance (~0.5%)−$262
Est. Monthly Cash Flow $-1,778

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

More Luxury Homes in Georgetown

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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 16, 2026.

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