Active Listing  ·  25 days on market

209 Monahans Dr

Georgetown, TX 78628
$510,000
4 Bed 3 Bath 2,898 sqft $176/sqft Built 2014 0.21 acres 2-Car Garage Pool Parkside/Mayfield Ranch Sec 9

Beautiful very  well maintained house with  4 Bedrooms /2.5 Bath/ situated in Parkside at Mayfield ranch community with exemplary schools with no neighbours behind . Property is located very close to an elementary school in a walkable distance .This house has 2 living areas  which is not very common to see in a single story home .

The additional living area can be utilized as a den, office, play area, or entertainment space, allowing for flexible living arrangements to suit your needs. Gourmet kitchen including butlers pantry, granite counters, appliances, and gas cooktop. Covered patio, tons of storage. Perfectly sized, easy to maintain yard. Luxury master bath is a plus. Along with the great location with easy access to major roadways the community amenities also offer a large playground area and great two pools for cooling off in the summer.Community amenity includes a community hall for residents for a nominal fee.

Priced to sell faster !!Easy to show property  .

At $176/sqft, this home is 22% 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

209 Monahans Dr, Georgetown, TX 78628

Property Details

Price $510,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,898 sqft
Lot Size 0.21 acres (9,321.84 sqft)
Year Built 2014
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Parkside/Mayfield Ranch Sec 9
County Williamson
Zip Code 78628
$/sqft $176/sqft
Days on Market ,
HOA $150/Quarterly
Annual Tax Est. $12,291.45
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239408119
List Date July 10, 2026
Elementary School Parkside
Middle School Stiles
High School Rouse
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 →

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 10, 2026 $520,000
Current ask $510,000
Reduced $10,000 (-1.9%) 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
2915 County Road 153 None
n/a
$510,000 $197 4 bd / 2 ba 2,593 sqft , 2026-04-02
1816 Spring Mountain Cv
Wolf Ranch
$509,990 $212 4 bd / 3 ba 2,405 sqft , 2026-04-09
1125 Pansy Trl
Parkside on the River
$510,107 $216 3 bd / 3 ba 2,358 sqft , 2026-02-24
236 Cross Mountain Trl
Water Oak North Sec 2
$509,000 $195 3 bd / 3 ba 2,615 sqft , 2026-07-29
1121 Pansy Trl
Parkside on the River
$508,816 $238 3 bd / 3 ba 2,142 sqft , 2026-01-14

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
$2,448/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
$102,000
20% conventional investment loan

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

Estimated Gross Rent+$2,448
Principal + Interest−$2,783
Property Tax (~2.1% TX avg)−$893
Insurance (~0.5%)−$213
Est. Monthly Cash Flow $-1,441

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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