Active Listing  ·  63 days on market

201 Three Rivers Rd

Florence, TX 76527
$1,059,985
4 Bed 5 Bath 3,609 sqft $294/sqft Built 2026 1.19 acres 3-Car Garage Pool Feathergrass

New Construction | 1 Story | 3,609 Sq Ft | 4 Bed | 4.5 Bath | Game Room | Flex Room | In-Law Suite | Available Fall 2026 |

Welcome home to the Savara, a beautifully designed one-story home offering 3,609 conditioned sq. ft., with 4 bedrooms, 4.5 baths, a dedicated study, an immersive game room, a sitting room, and a 3-car garage. Every detail of this home blends functionality, style, and open-concept living. At the front of your house is the dining space, and across the hall is the in-law suite with tray ceilings, French doors, and a nearby powder. Next, you are led to a secondary bedroom with an ensuite full bathroom and walk-in closet. The heart of the home centers around the spacious family room with large windows overlooking the outdoor living space. Sliding doors to the outdoor living area offer a seamless indoor-outdoor connection The kitchen overlooks the family room and includes an island, abundant cabinetry, and a pantry for additional storage. From the family room, you are led to another secondary bedroom with its own walk-in closet and ensuite bathroom. Across is an engaging game room with French doors. Back in the family room, near the breakfast area, you are led into the flex room. Next door is the primary bedroom with beamed ceilings, large windows, and French doors leading to the ensuite bathroom. The primary bathroom has dual vanities, a walk-in shower, a luxurious soaking tub, and a Texas-sized walk-in closet that leads directly to the utility room for added convenience. This utility room has an additional entrance back out to a hallway that leads back to the kitchen, the 3-car garage, or another secondary bedroom with it's own walk-in closet and full ensuite bathroom. A convenient hall tree sits right outside the entrance to the garage. Make the Savara your home today!

At $294/sqft, this home is 52% below the Florence active market average of $612/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

201 Three Rivers Rd, Florence, TX 76527

Property Details

Price $1,059,985
Status Active Listing
Beds 4
Full Baths 4
Half Baths 1
Living Area 3,609 sqft
Lot Size 1.19 acres (51,814.62 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Feathergrass
County Williamson
Zip Code 76527
$/sqft $294/sqft
Days on Market ,
HOA $333/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245557865
List Date September 10, 2026
Elementary School Jo Ann Ford
Middle School Douglas Benold
High School Georgetown
School District Georgetown ISD

Georgetown ISD

Jo Ann Ford · Douglas Benold · Georgetown

Luke Allen (TREC #788149) has deep knowledge of Florence 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 Florence

Comparable Listings Right Now

Homes currently for sale in Florence 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
1405 Paxton Ln
Feathergrass
$1,110,273 $337 4 bd / 5 ba 3,299 sqft , 2026-08-07
101 Old Eagle Rd
Parmer Ranch 60
$999,900 $257 5 bd / 5 ba 3,886 sqft , 2026-02-23
1304 Paxton Ln
Feathergrass
$1,120,253 $291 4 bd / 5 ba 3,848 sqft , 2026-08-31
1105 Bella Risa Dr
Mission Oaks Ph 2
$899,999 $312 4 bd / 3 ba 2,881 sqft , 2026-11-05
1412 Paxton Ln
FEATHERGRASS
$849,990 $191 5 bd / 5 ba 4,456 sqft , 2026-03-18

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
$5,088/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
$211,997
20% conventional investment loan

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

Estimated Gross Rent+$5,088
Principal + Interest−$5,785
Property Tax (assumed ~2.1%)−$1,855
Insurance (assumed ~0.5%)−$442
Est. Monthly Cash Flow $-2,994

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 Florence, TX

Florence sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

More Luxury Homes in Florence

Loading…
View All Luxury Homes →
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 October 27, 2026.

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

Save this home