Active Listing  ·  147 days on market

1903 S Austin Ave

Georgetown, TX 78626
$795,000
2 Bed 2 Bath 2,047 sqft $388/sqft Built 1920 0.37 acres 1.5-Car Garage Pool Montgomery Add

Charming 1920 home on a .37-acre lot shaded by mature pecan trees, blending preserved character with thoughtful updates. Features include longleaf pine floors, original woodwork, tall ceilings, rolled glass sash windows, stained glass accents, and a welcoming front porch. Updated kitchen with glass-front cabinetry, modern appliances, apron-front sink, beverage and wine fridges, plus breakfast room with wall of windows, deck access, and under counter Fridge. Flexible 2-bedroom layout with option for 3, plus dining room or office. Updated baths, including primary suite with soaking tub and separate shower. Circular drive, detached 2-car garage, and outbuilding.

At $388/sqft, this home is priced 69% 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

1903 S Austin Ave, Georgetown, TX 78626

Property Details

Price $795,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 2,047 sqft
Lot Size 0.37 acres (16,160.76 sqft)
Year Built 1920
Garage 1.5 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Montgomery Add
County Williamson
Zip Code 78626
$/sqft $388/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $13,393.12
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227245810
List Date April 29, 2026
Elementary School Annie Purl
Middle School Charles A Forbes
High School East View
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 · April 29, 2026 $825,000
Current ask $795,000
Reduced $30,000 (-3.6%) 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
1605 S Austin Ave
Logan Add
$845,000 $312 3 bd / 3 ba 2,711 sqft , 2026-02-05
810 E University Ave
Snyder Add
$700,000 $382 3 bd / 3 ba 1,832 sqft , 2025-06-18
515 E 8th St
Glasscock Add
$675,000 $308 3 bd / 2 ba 2,189 sqft , 2026-09-08
601 W 17th St
Division A Harts Add
$585,000 $256 3 bd / 3 ba 2,289 sqft , 2026-09-03
1221 S Austin Ave
Morrow Add
$550,000 $364 3 bd / 2 ba 1,510 sqft , 2025-12-05

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
$3,816/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
$159,000
20% conventional investment loan

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

Estimated Gross Rent+$3,816
Principal + Interest−$4,339
Property Tax (~2.1% TX avg)−$1,391
Insurance (~0.5%)−$331
Est. Monthly Cash Flow $-2,245

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 August 4, 2026.

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