Active Listing  ·  19 days on market

204 Overlook Ct

Georgetown, TX 78628
$990,000
5 Bed 4 Bath 4,229 sqft $234/sqft Built 2012 1.06 acres 3-Car Garage Pool River Chase

Situated on a full acre in Georgetown, this custom-built home offers incredible space, flexibility, and upgrades throughout. The main level features three bedrooms, 2.5 bathrooms, a dedicated study, and a versatile flex room perfect for a game room, formal dining, or additional living space.

Upstairs offers a unique private living area with two additional rooms, a full bathroom, kitchenette, and both interior and private exterior access—ideal for multigenerational living, guests, or a private home office.

Additional features include a whole-home generator, two tankless water heaters, in-ground propane, three-car garage, and all appliances included. Conveniently located just off Highway 29 and minutes from shopping, dining, and everything Georgetown has to offer. Best of all, this home has an assumable loan with an incredible 2.25% interest rate for qualified buyers!

At $234/sqft, this home is priced 4% above the Georgetown active market average of $226/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

204 Overlook Ct, Georgetown, TX 78628

Property Details

Price $990,000
Status Active Listing
Beds 5
Full Baths 3
Half Baths 1
Living Area 4,229 sqft
Lot Size 1.06 acres (46,260.72 sqft)
Year Built 2012
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision River Chase
County Williamson
Zip Code 78628
$/sqft $234/sqft
Days on Market ,
HOA $500/Annually
Annual Tax Est. $19,515.85
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248790594
List Date October 3, 2026
Elementary School Wolf Ranch Elementary
Middle School James Tippit
High School East View
School District ,

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
3205 Lookout Mountain Rd
Wolf Ranch - 60'
$949,900 $257 5 bd / 5 ba 3,699 sqft , 2026-09-10
100 Barefoot Park Ln
Wolf Ranch West
$1,049,000 $239 5 bd / 5 ba 4,383 sqft , 2025-10-03
112 Springhouse Rd
Wolf Ranch West Ph 2 Sec 3
$900,000 $237 5 bd / 5 ba 3,802 sqft , 2026-07-08
124 Silverwood Trl
Wolf Ranch West Ph 2 Sec 3
$899,900 $233 4 bd / 4 ba 3,866 sqft , 2026-09-11
2016 Morning Mist Dr
Wolf Ranch - West Bend
$874,950 $214 5 bd / 5 ba 4,090 sqft , 2026-08-10

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
$4,752/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
$198,000
20% conventional investment loan

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

Estimated Gross Rent+$4,752
Principal + Interest−$5,403
Property Tax (~2.1% TX avg)−$1,733
Insurance (~0.5%)−$413
Est. Monthly Cash Flow $-2,797

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 October 15, 2026.

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