Active Listing  ·  27 days on market

209 Overlook Ct

Georgetown, TX 78628
$775,000
4 Bed 3 Bath 2,853 sqft $272/sqft Built 2002 1.01 acres 2-Car Garage Pool River Chase

A full acre, a canyon treetop view, and room between neighbors - in a price band where most single-story homes nearby sit on a quarter acre or less. 209 Overlook Ct is a custom one-level home in River Chase, a tucked-away enclave of about ninety estate-sized homesites, each an acre or more, along the Middle San Gabriel River - where only two homes changed hands in the past year. Priced below every sale recorded in the community over that year and below its 2026 certified county appraised value of $787,388, it is the most attainable entry into River Chase currently offered - on a homesite the county values at $225,957 alone. On a low-traffic cul-de-sac, the covered patio and open deck look over mature treetops to the creek below: quiet, private, secluded, one mile from I-35. The big-ticket items are done: a DECRA stone-coated steel shake roof - Class 4 impact-rated (the highest UL rating), Class A fire-rated, warranted against 120 mph winds and hail penetration, with a transferable lifetime limited warranty - the look of premium shake with none of its upkeep; may qualify for an insurance discount. All 32 windows replaced with Andersen double-pane low-e units, paired with Hunter Douglas Silhouette shades. High-efficiency smart HVAC, full-perimeter gutters, newly epoxy-coated garage floor, and a refreshed kitchen with white cabinetry, granite, tile backsplash, stainless appliances and double ovens. Owned water softener, automatic irrigation, masonry on all sides, 1.817% tax rate. Everything lives on one level with no interior steps: four bedrooms, three full baths, a flex room off the entry for a study or formal, two dining areas, and a wood-burning fireplace under high ceilings. Oversized 2-car attached garage with added space for storage or a workspace. Minutes to Wolf Ranch Town Center, H-E-B and Target; a short drive to the Georgetown Square. Owner Financing available with 20% Down. Owner Financing will be provided at favorable rates for those who qualify.

At $272/sqft, this home is priced 20% 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

209 Overlook Ct, Georgetown, TX 78628

Property Details

Price $775,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,853 sqft
Lot Size 1.01 acres (43,864.92 sqft)
Year Built 2002
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision River Chase
County Williamson
Zip Code 78628
$/sqft $272/sqft
Days on Market ,
HOA $500/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247974900
List Date September 25, 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
708 High Summit Dr
Wolf Ranch South Fork
$779,900 $250 4 bd / 3 ba 3,121 sqft , 2026-09-10
312 Southcross Rd
Oakcrest Ranchettes Unit 03
$780,000 $285 4 bd / 3 ba 2,737 sqft , 2026-09-03
112 Barefoot Park Ln
Wolf Ranch
$750,000 $273 3 bd / 3 ba 2,746 sqft , 2026-09-18
1209 Moonlight Terrace Dr
Wolf Ranch West Ph 1 Sec 3
$725,000 $227 3 bd / 3 ba 3,198 sqft , 2026-10-14
204 Skyline Rd
Oakcrest Ranchettes
$840,000 $301 4 bd / 3 ba 2,790 sqft , 2026-03-07

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
$3,720/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
$155,000
20% conventional investment loan

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

Estimated Gross Rent+$3,720
Principal + Interest−$4,229
Property Tax (~2.1% TX avg)−$1,356
Insurance (~0.5%)−$323
Est. Monthly Cash Flow $-2,188

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 8, 2026.

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