Active Listing  ·  34 days on market

196 Prairie Springs Loop

Georgetown, TX 78626
$285,555
2 Bed 2 Bath 1,127 sqft $253/sqft Built 1999 0.26 acres 1-Car Garage Pool Villas of Katy Crossing Sec 02 Pud

Prettiest townhome in Villas of Katy Crossing! 1127 sq ft-tax records are wrong-see appraisal attached. Looks like brand new! Stunning wood look vinyl plank floors, 2025 replaced HVAC with Lennox Elite 2 ton variable capacity compressor, ENERGY STAR certified. Bali Window Shades 2025, Primary bath remodel 2024, Total kitchen remodel new cabinets and drawers, quartz countertops, mirror ball backsplash, stainless dishwasher, range and hood. Shingles replaced 2018. Designer colors throughout-professionally painted and landscaped. HOA responsible for exterior paint and repairs except roof. bi weekly lawn and landscaping maintenance and mowing, Sprinkler front and back. Most gorgeous backyard with trees, gardens, flowers. Large laundry room, 1 car garage. Amazing neighbors! Property manager on site.

At $253/sqft, this home is priced 10% 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

196 Prairie Springs Loop, Georgetown, TX 78626

Property Details

Price $285,555
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,127 sqft
Lot Size 0.26 acres (11,325.6 sqft)
Year Built 1999
Garage 1 spaces
Stories ,
Type Residential · Townhouse
Subdivision Villas of Katy Crossing Sec 02 Pud
County Williamson
Zip Code 78626
$/sqft $253/sqft
Days on Market ,
HOA $150/Monthly
Annual Tax Est. $3,999.3
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244004404
List Date August 20, 2026
Elementary School Pat Cooper
Middle School Charles A Forbes
High School Georgetown
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
619 Parkline Dr
PARKSIDE CROSSING TOWNHOMES
$280,000 $185 3 bd / 2 ba 1,517 sqft , 2026-05-31
454 Parkline Dr #33B
Parkside Crossing
$275,000 $193 3 bd / 2 ba 1,424 sqft , 2026-08-05
1011 Janae Ct
Townhomes At Katy Crossing
$259,000 $244 2 bd / 2 ba 1,060 sqft , 2026-03-14
120 Evergreen Cir
Amended Crystal Knoll Terrace Un 02
$235,000 $190 3 bd / 2 ba 1,236 sqft , 2026-08-14
218 Juniper St
Crystal Knoll Terrace Pud Unit 2 Am
$234,000 $197 3 bd / 2 ba 1,187 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
$1,371/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
$57,111
20% conventional investment loan

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

Estimated Gross Rent+$1,371
Principal + Interest−$1,558
Property Tax (~2.1% TX avg)−$500
Insurance (~0.5%)−$119
Est. Monthly Cash Flow $-806

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 14, 2026.

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