About This Home

Handyman special. selling "as is" spacious manufactured home on over a half acre in a private cul-de-sac.

At $146/sqft, this home is 36% below the Georgetown active market average of $227/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

203 S Ocatillo Ln, Georgetown, TX 78633

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Property Details

Price $285,900

Status Active Listing

Beds 4

Full Baths 2

Half Baths ,

Living Area 1,953 sqft

Lot Size 0.57 acres (24,959.88 sqft)

Year Built 1999

Garage 2 spaces

Stories ,

Type Residential · Manufactured Home

Subdivision West Ridge Sec 01

County Williamson

Zip Code 78633

$/sqft $146/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $3,717

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT240986082

List Date July 24, 2026

Elementary School Jo Ann Ford

Middle School Douglas Benold

High School Georgetown

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.

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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

318 Barrington Farm Ct
Sun City Georgetown Neighborhood 41 Pud $284,950 $205 3 bd / 2 ba 1,388 sqft , 2026-04-16

129 Tall Grass Dr
Morningstar $284,900 $179 3 bd / 2 ba 1,591 sqft , 2026-07-14

1505 Roaming Oak Bnd
Woodfield Preserve $283,499 $222 3 bd / 2 ba 1,279 sqft , 2026-06-12

404 Northwood Dr
Northwood Oaks $289,000 $214 3 bd / 2 ba 1,349 sqft , 2026-02-21

503 E Central Dr
Williams Add $289,000 $223 3 bd / 2 ba 1,295 sqft , 2026-07-05

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

$1,372/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

$57,180

20% conventional investment loan

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

Estimated Gross Rent+$1,372

Principal + Interest−$1,560

Property Tax (~2.1% TX avg)−$500

Insurance (~0.5%)−$119

Est. Monthly Cash Flow $-807

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

203 S Ocatillo Ln

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Georgetown, TX

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