About This Home

Exceptional opportunity to own a home in a desirable Georgetown community! This property offers a functional floor plan, spacious living areas, and a great location with convenient access to shopping, dining, schools, and major highways. Whether you're looking for your next home or an investment opportunity, this property offers outstanding value.

At $148/sqft, this home is 35% 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

201 Finley Rae Dr, Georgetown, TX 78626

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Property Details

Price $360,000

Status Active Listing

Beds 4

Full Baths 3

Half Baths 1

Living Area 2,426 sqft

Lot Size 0.17 acres (7,187.4 sqft)

Year Built 2021

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision PARKS AT WESTHAVEN

County Williamson

Zip Code 78626

$/sqft $148/sqft

Days on Market ,

HOA $59/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT239659355

List Date July 20, 2026

Elementary School Williams

Middle School Wagner

High School East View

School District ,

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.

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

1510 Crested Butte Way
La Conterra Sec 2 $360,000 $153 4 bd / 3 ba 2,358 sqft , 2026-09-30

541 Henry Milton Rd
Patterson Ranch $359,890 $213 4 bd / 2 ba 1,689 sqft , 2026-07-07

2561 Donna Olene Dr
Overlook Ranch $361,331 $184 3 bd / 3 ba 1,959 sqft , 2026-06-29

152 Marienfeld Ln
Fairhaven $355,000 $158 4 bd / 3 ba 2,252 sqft , 2026-07-03

340 Shiner Ln
FAIRHAVEN $355,000 $169 4 bd / 2 ba 2,100 sqft , 2026-08-17

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

$1,728/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

$72,000

20% conventional investment loan

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

Estimated Gross Rent+$1,728

Principal + Interest−$1,965

Property Tax (~2.1% TX avg)−$630

Insurance (~0.5%)−$150

Est. Monthly Cash Flow $-1,017

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

About the Author

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 3, 2026.

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

201 Finley Rae Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Georgetown, TX

More Luxury Homes in Georgetown

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