Active Listing  ·  77 days on market

204 Adams St

Georgetown, TX 78628
$599,000
3 Bed 4 Bath 3,105 sqft $193/sqft Built 2013 0.03 acres 2-Car Garage Pool Brownstone at the Summit
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About This Home

NOT YOUR TYPICAL GEORGETOWN HOME! THE BONES ARE HERE—JUST BRING YOUR VISION! This distinctive four-story residence offers an incredible combination of space, flexibility, and convenience, including an elevator providing easy access to every level. Located near historic Downtown Georgetown, Wolf Ranch and HEB shopping, dining, entertainment, and the San Gabriel River, this home is anything but ordinary. . All furniture is negotiable. Agent Remarks: 24-hour notice required for all showings. All furniture is negotiable.

At $193/sqft, this home is 16% below the Georgetown active market average of $229/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

204 Adams St, Georgetown, TX 78628

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Property Details

Price $599,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 3,105 sqft
Lot Size 0.03 acres (1,306.8 sqft)
Year Built 2013
Garage 2 spaces
Stories ,
Type Residential · Townhouse
Subdivision Brownstone at the Summit
County Williamson
Zip Code 78628
$/sqft $193/sqft
Days on Market ,
HOA $125/Monthly
Annual Tax Est. $3,822.31
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238941490
List Date July 8, 2026
Elementary School Carver
Middle School James Tippit
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.

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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 8, 2026 $615,000
Current ask $599,000
▼ Reduced $16,000 (-2.6%) 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
1116 Highknoll Ln
At Rivery Park Ph 7 $610,000 $202 3 bd / 4 ba 3,023 sqft , 2026-06-09
515 E 8th St
Glasscock Add $675,000 $308 3 bd / 2 ba 2,189 sqft , 2026-09-08
703 Parkway St
Country Club $519,612 $232 3 bd / 3 ba 2,239 sqft , 2026-08-03
100 Indian Paintbrush Trl
Wolf Ranch West $515,000 $194 4 bd / 3 ba 2,649 sqft , 2026-04-15
1014 Country Club Rd
Country Club $699,000 $290 3 bd / 3 ba 2,407 sqft , 2026-07-03

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
$2,875/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
$119,800
20% conventional investment loan

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

Estimated Gross Rent+$2,875
Principal + Interest−$3,269
Property Tax (~2.1% TX avg)−$1,048
Insurance (~0.5%)−$250
Est. Monthly Cash Flow $-1,692

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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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 September 21, 2026.

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