Active Listing  ·  70 days on market

205 Indian Shoal Dr

Georgetown, TX 78628
$419,000
3 Bed 2 Bath 1,934 sqft $217/sqft Built 2020 0.15 acres 2-Car Garage Pool Shadow Canyon Ph 2

Like new and meticulously maintained, this beautiful one-story home offers modern design, quality finishes, and exceptional privacy. The open-concept floor plan features soaring 12-foot ceilings in the entry and Great Room, 10-foot ceilings in the bedrooms, and abundant natural light throughout, creating a bright and spacious feel.

The gourmet kitchen is designed for both everyday living and entertaining with 42-inch upper cabinets, stainless steel Whirlpool appliances, Silestone countertops, a corner pantry, and a 7'6" center island with bar seating. Durable Mohawk luxury vinyl plank flooring extends throughout the main living areas, with carpet only in the spacious bedrooms.

The private primary suite features dual vanities, undermount sinks, and a frameless glass walk-in shower with a beautiful tile surround.

Enjoy seamless indoor-outdoor living with an 8-foot sliding glass door leading to the covered 12' x 10' patio. The backyard is a true retreat, offering exceptional privacy with no direct rear neighbors, creating a peaceful setting for relaxing or entertaining. Additional features include full sod, an irrigation system, 8-foot interior and exterior doors, and a roof that is only a couple of years old for added peace of mind.

Located in the highly desirable Riverview community, residents enjoy outstanding amenities including a resort-style pool, playground, beach volleyball court, and direct access to the scenic San Gabriel River trails, perfect for walking, hiking, biking, and enjoying the outdoors. This move-in-ready home offers the perfect combination of comfort, privacy, and an active lifestyle in one of Georgetown's most sought-after neighborhoods.

At $217/sqft, this home is 5% 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

205 Indian Shoal Dr, Georgetown, TX 78628

Property Details

Price $419,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,934 sqft
Lot Size 0.15 acres (6,525.29 sqft)
Year Built 2020
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Shadow Canyon Ph 2
County Williamson
Zip Code 78628
$/sqft $217/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $10,060.18
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239979540
List Date July 15, 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.

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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
121 Rough Creek Rd
Wolf Ranch
$422,500 $216 3 bd / 2 ba 1,956 sqft , 2026-06-14
109 Rough Creek Rd
Wolf Ranch
$425,500 $212 3 bd / 2 ba 2,011 sqft , 2026-06-14
1824 Spring Mountain Cv
Wolf Ranch
$437,642 $234 3 bd / 3 ba 1,873 sqft , 2026-06-09
105 Rough Creek Rd
Wolf Ranch
$400,000 $254 3 bd / 2 ba 1,574 sqft , 2026-09-16
644 Peace Pipe Way
RIVERVIEW
$399,000 $169 4 bd / 3 ba 2,361 sqft , 2026-08-27

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
$2,011/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
$83,800
20% conventional investment loan

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

Estimated Gross Rent+$2,011
Principal + Interest−$2,287
Property Tax (~2.1% TX avg)−$733
Insurance (~0.5%)−$175
Est. Monthly Cash Flow $-1,184

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

More Luxury Homes in Georgetown

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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 8, 2026.

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