Active Listing  ·  49 days on market

1728 Highland Ridge Rd

Georgetown, TX 78628
$495,000
4 Bed 3 Bath 2,649 sqft $187/sqft Built 2015 0.21 acres 3-Car Garage Pool Oaks at San Gabriel

Welcome home! Offering 4 bedrooms plus a dedicated office/flex space and 2.5 baths, this spacious home sits on a beautiful lot with large shade trees and a private backyard backing to a larger acreage property. Enjoy year round relaxation and exercise in the swim spa, which conveys with the home. Inside, gleaming hardwood floors, 8' doors, tall ceilings, and an elegant stone fireplace create a warm and inviting feel. The kitchen features granite countertops, designer cabinetry, built-in stainless steel appliances, and a walk-in pantry. The spacious primary suite includes a double vanity, separate tub and shower, private water closet, linen storage, and large walk-in closet. A 3-car tandem garage over 30' long provides exceptional parking and storage, while the extended covered patio overlooks the peaceful backyard. Additional features include solar panels, propane gas, abundant storage, and a sprinkler system. Neighborhood amenities include a community pool, pavilion, playgrounds, green spaces, and trails—offering a wonderful combination of privacy, comfort, and outdoor living. Zoned to sought after LHISD.

At $187/sqft, this home is 18% 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

1728 Highland Ridge Rd, Georgetown, TX 78628

Property Details

Price $495,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,649 sqft
Lot Size 0.21 acres (9,147.6 sqft)
Year Built 2015
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Oaks at San Gabriel
County Williamson
Zip Code 78628
$/sqft $187/sqft
Days on Market ,
HOA $300/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240637452
List Date September 24, 2026
Elementary School Bar W
Middle School Santa Rita Middle
High School Legacy Ranch
School District Liberty Hill ISD

Liberty Hill ISD

Bar W · Santa Rita Middle · Legacy Ranch

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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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
1432 Morning View Rd
Oaks at San Gabriel
$499,995 $176 5 bd / 3 ba 2,834 sqft , 2026-06-17
140 Scenic Hills Cir
Crescent Bluff
$509,000 $231 4 bd / 3 ba 2,206 sqft , 2026-09-16
631 Breeze Hollow Ln
Oaks at San Gabriel
$510,000 $172 3 bd / 3 ba 2,959 sqft , 2026-10-29
628 Hickory Bend Trl
Oaks at San Gabriel
$524,990 $242 4 bd / 3 ba 2,170 sqft , 2026-05-21
2121 WOODED RUN Trl
Oaks at San Gabriel
$465,000 $151 4 bd / 3 ba 3,079 sqft , 2026-08-03

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
$2,376/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
$99,000
20% conventional investment loan

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

Estimated Gross Rent+$2,376
Principal + Interest−$2,701
Property Tax (assumed ~2.1%)−$866
Insurance (assumed ~0.5%)−$206
Est. Monthly Cash Flow $-1,397

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 9, 2026.

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

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