Active Listing  ·  61 days on market

200 Diamond Trl

Georgetown, TX 78633
$1,115,000
4 Bed 3 Bath 4,187 sqft $266/sqft Built 1999 1.06 acres 3-Car Garage Pool Woods Fountainwood Ph 01A

Rare luxury opportunity in the highly sought-after Woods of Fountainwood! This exceptional property offers a beautifully designed main residence plus a fully attached guest house, creating the perfect setup for multigenerational living, extended family, guests, or a private retreat all on over an acre lot. The main home features four spacious bedrooms and three full baths, including two bedrooms and two baths on the main level. Upstairs, you’ll find two additional bedrooms, a full bath, and an oversized game room with a wet bar. The gourmet kitchen is designed to impress with granite countertops, abundant cabinetry, and a five-burner cooktop, all opening to the inviting living and dining areas for effortless entertaining. The attached guest house offers two bedrooms, a full bath, a full kitchen, dining area, and a comfortable living room, providing exceptional privacy and flexibility. It also includes a one-car garage, while the main residence features an oversized two-car garage. The property is beautifully treed and enhanced by a circle drive, with each residence enjoying its own address and entrance for added convenience and independence. Step outside to your own backyard oasis featuring a sparkling pool, perfect for relaxing or entertaining year-round. Located in one of Georgetown’s most desirable neighborhoods and zoned to top-rated schools, this one-of-a-kind property combines luxury, versatility, and an unbeatable location. Opportunities like this are exceptionally rare-schedule your private tour today!

At $266/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

200 Diamond Trl, Georgetown, TX 78633

Property Details

Price $1,115,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 4,187 sqft
Lot Size 1.06 acres (46,173.6 sqft)
Year Built 1999
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Woods Fountainwood Ph 01A
County Williamson
Zip Code 78633
$/sqft $266/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $16,395.39
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240160489
List Date July 23, 2026
Elementary School Jo Ann Ford
Middle School Douglas Benold
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 →

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 23, 2026 $1,200,000
Previous ask $1,164,000
Current ask $1,115,000
Reduced $85,000 (-7.1%) 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
104 Highland Spring Ln
Highland Estates
$1,100,000 $313 4 bd / 4 ba 3,513 sqft , 2026-08-26
302 Highland Spring Ln
Highland Estates
$1,150,000 $348 4 bd / 4 ba 3,306 sqft , 2026-07-24
128 Tuscany Way
Emory Farms Sec 3
$975,000 $316 4 bd / 3 ba 3,086 sqft , 2026-09-18
112 Shady Elm None
Woodland Park Ph 3
$949,900 $303 4 bd / 3 ba 3,133 sqft , 2026-04-23
107 Hallie Ct
Woods Fountainwood Ph 02
$940,000 $243 4 bd / 4 ba 3,861 sqft , 2026-08-28

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
$5,352/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
$223,000
20% conventional investment loan

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

Estimated Gross Rent+$5,352
Principal + Interest−$6,085
Property Tax (~2.1% TX avg)−$1,951
Insurance (~0.5%)−$465
Est. Monthly Cash Flow $-3,149

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 28, 2026.

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