Active Listing  ·  2 days on market

204 Precipice Way

Georgetown, TX 78626
$329,900
3 Bed 3 Bath 1,972 sqft $167/sqft Built 2007 0.14 acres 2-Car Garage Pool Pinnacle

Welcome to 204 Precipice Way, a beautifully maintained two-story home featuring 3 bedrooms, 2.5 baths, and a spacious, versatile floor plan. A beautiful mature tree enhances the home’s curb appeal and creates a welcoming first impression. Hardwood flooring flows throughout this thoughtfully cared-for home.

The main level offers a comfortable living area, formal dining room, and separate breakfast area. Upstairs, you’ll find the bedrooms and a second living area that can easily serve as a game room, home office, media room, playroom, or relaxing retreat.

Step outside to enjoy the backyard, featuring a pergola and raised garden beds extending along much of the fence—perfect for growing your favorite vegetables, herbs, flowers, or native plants. The outdoor space offers plenty of room to relax, garden, or entertain.

Recent improvements include a new water heater installed in 2025, a new dishwasher in 2023, an HVAC filtration and UV system installed in the attic in 2023, and a new roof and gutters installed in 2021.

Located just around the corner from the community pool and Pinnacle Park, featuring a playscape, basketball court, picnic areas, grills, and a 9-hole disc-golf course. The home is also conveniently located near shopping, dining, and major roadways, offering a wonderful combination of comfort, flexibility, and convenience.

The property includes a leased solar-panel system that may be transferred to the buyer, subject to the solar provider’s transfer requirements. This well-loved Georgetown home is ready for its next owner!

At $167/sqft, this home is 25% below the Georgetown active market average of $224/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

204 Precipice Way, Georgetown, TX 78626

Property Details

Price $329,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,972 sqft
Lot Size 0.14 acres (6,237.79 sqft)
Year Built 2007
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Pinnacle
County Williamson
Zip Code 78626
$/sqft $167/sqft
Days on Market ,
HOA $40.75/Monthly
Annual Tax Est. $5,733.85
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243979892
List Date August 21, 2026
Elementary School Carver
Middle School Wagner
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
425 Shiner Ln
FAIRHAVEN
$330,000 $231 3 bd / 2 ba 1,430 sqft , 2026-03-06
220 Rocroi Dr
La Conterra North Ph 1
$330,000 $195 3 bd / 2 ba 1,695 sqft , 2026-08-19
1310 Grande Mesa Dr
La Conterra Sec 01
$329,000 $181 4 bd / 2 ba 1,819 sqft , 2026-03-14
1120 La Conterra Blvd
Teravista Sec 402
$329,000 $162 3 bd / 3 ba 2,034 sqft , 2026-05-05
449 Conchillos Dr
La Conterra North Ph 2
$334,000 $209 3 bd / 2 ba 1,595 sqft , 2026-07-31

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
$1,584/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
$65,980
20% conventional investment loan

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

Estimated Gross Rent+$1,584
Principal + Interest−$1,800
Property Tax (~2.1% TX avg)−$577
Insurance (~0.5%)−$137
Est. Monthly Cash Flow $-930

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 August 22, 2026.

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