Active Listing  ·  64 days on market

216 Arrezo Ln

Georgetown, TX 78628
$499,994
4 Bed 3 Bath 2,727 sqft $183/sqft Built 2012 0.21 acres 3-Car Garage Pool Rancho Sienna

Are you looking for a home that offers space, style, and a convenient location in a vibrant community? This beautifully maintained home in the sought-after Rancho Sienna community checks all the boxes. Zoned to award-winning Liberty Hill ISD, this property offers the perfect blend of comfort, function, and lifestyle. With undeniable curb appeal, the home welcomes you with stunning, easy-to-maintain landscaping that creates a warm first impression. Inside, you’ll find an open floor plan filled with natural light, complemented by beautiful wood-look tile throughout the main living areas. The living room features a striking accent wall & floor-to-ceiling stone fireplace and flows seamlessly into the dining and kitchen areas, perfect for everyday living and entertaining. The kitchen boasts granite countertops, a breakfast bar with a gorgeous stone base, dark-stained wood cabinetry, a stylish tile backsplash, stainless steel appliances, & a pantry for added storage. The spacious primary bedroom offers a vaulted ceiling and an ensuite bath complete with a dual vanity, soaking tub, separate shower, & walk-in closet. Upstairs, you’ll find a large flex space that opens to a balcony, offering the perfect spot for a game room, media area, or additional lounge space. Three additional bedrooms, each with their own closets, provide plenty of room for guests or hobbies and share a well-appointed full bath. Step outside to a large fenced backyard with a covered patio and a beautifully level lawn, perfect for adding a trampoline, pool, garden, play area, or creating the outdoor retreat you’ve always wanted. Enjoy incredible Rancho Sienna community amenities, including a pool, splash pad, fitness center, parks, trails, pond, & more. The prime location places you within walking distance to the neighborhood elementary school, H-E-B, & nearby shopping, dining, recreation, & everyday essentials, with easy access to Hwy 29, I-35, & Hwy 183.

At $183/sqft, this home is 19% 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

216 Arrezo Ln, Georgetown, TX 78628

Property Details

Price $499,994
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,727 sqft
Lot Size 0.21 acres (8,951.58 sqft)
Year Built 2012
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Rancho Sienna
County Williamson
Zip Code 78628
$/sqft $183/sqft
Days on Market ,
HOA $66/Monthly
Annual Tax Est. $10,357.68
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231553697
List Date June 1, 2026
Elementary School Rancho Sienna
Middle School Santa Rita Middle
High School Liberty Hill
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
301 Raleigh Dr
Highland Village
$499,995 $161 5 bd / 4 ba 3,099 sqft , 2026-07-23
300 Blue Vervain Trl
Nolina
$499,990 $178 4 bd / 3 ba 2,809 sqft , 2026-04-09
632 Hickory Bend Trl
Oaks at San Gabriel
$499,990 $227 4 bd / 3 ba 2,200 sqft , 2026-04-20
1316 Texas Ash Ln
Parkside on the river
$499,990 $228 4 bd / 3 ba 2,197 sqft , 2026-05-09
1800 Four Waters Loop
Lively Tr Ph 3
$499,990 $163 5 bd / 4 ba 3,075 sqft , 2026-06-04

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
$2,400/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
$99,999
20% conventional investment loan

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

Estimated Gross Rent+$2,400
Principal + Interest−$2,729
Property Tax (~2.1% TX avg)−$875
Insurance (~0.5%)−$208
Est. Monthly Cash Flow $-1,412

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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