Active Listing  ·  69 days on market

200 Meadow Park Dr

Georgetown, TX 78626
$245,000
3 Bed 2 Bath 1,339 sqft $183/sqft Built 2004 0.14 acres 2-Car Garage Pool Meadows Of Georgetown Ph 01
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About This Home

Good bones in need of some TLC, priced with that in mind, which offers a great opportunity for an investor or buyer ready to make it their own. No survey available. Whether you're looking to expand your rental portfolio or pursue a value-add renovation this is the one!

At $183/sqft, this home is 20% 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

200 Meadow Park Dr, Georgetown, TX 78626

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Property Details

Price $245,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,339 sqft
Lot Size 0.14 acres (6,015.64 sqft)
Year Built 2004
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Meadows Of Georgetown Ph 01
County Williamson
Zip Code 78626
$/sqft $183/sqft
Days on Market ,
HOA $69/Semi-Annually
Annual Tax Est. $4,796.6
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245530150
List Date September 4, 2026
Elementary School James E Mitchell
Middle School Wagner
High School East View
School District Georgetown ISD

School District

Georgetown ISD

James E Mitchell · Wagner · East View

Have Questions About This Property?

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
1006 Still Meadow Cv
Meadows Georgetown Ph 03 $259,900 $182 3 bd / 2 ba 1,428 sqft , 2026-11-09
324 Harper Ln
Horizon Lake Ph 1 Sec 1 $260,000 $215 3 bd / 2 ba 1,207 sqft , 2026-08-20
1010 Meandering Creek Cv
Meadows Georgetown Ph 03 $265,000 $181 3 bd / 2 ba 1,464 sqft , 2026-10-15
509 Coffee Berry Dr
Carlson Place Ph A $285,000 $200 3 bd / 2 ba 1,427 sqft , 2026-10-09
505 Coffee Berry Dr
Carlson Place Ph A $290,000 $208 3 bd / 2 ba 1,393 sqft , 2026-10-14

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
$1,176/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
$49,000
20% conventional investment loan

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

Estimated Gross Rent+$1,176
Principal + Interest−$1,337
Property Tax (assumed ~2.1%)−$429
Insurance (assumed ~0.5%)−$102
Est. Monthly Cash Flow $-692

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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Austin Luxury Homes Sell a Luxury Home Homes with Pool Sell Home Over $2M Investment Properties Rental Properties 1031 Exchange Austin BRRRR Method Austin Austin Market Report Contact Luke Allen
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 3, 2026.

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

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