Active Listing  ·  21 days on market

216 Frederick Dr

Georgetown, TX 78626
$287,500
4 Bed 2 Bath 1,713 sqft $168/sqft Built 2020 0.14 acres 2-Car Garage Pool Fairhaven

This 4 bedroom, 2 bathroom home features an open concept living room, kitchen and dining area! The primary bedroom is split from the secondary bedrooms and has its own on suite bathroom with double vanities, shower only and walk in closet. The secondary bedrooms are on the other side of the home and have its own hall bathroom, interior laundry and 2 car garage. The covered back porch leads to the enclosed back yard with a wood privacy fence. Come see why this one wont last long!

At $168/sqft, this home is 27% 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

216 Frederick Dr, Georgetown, TX 78626

Property Details

Price $287,500
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,713 sqft
Lot Size 0.14 acres (6,115.82 sqft)
Year Built 2020
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Fairhaven
County Williamson
Zip Code 78626
$/sqft $168/sqft
Days on Market ,
HOA $71/Monthly
Annual Tax Est. $8,021.1
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245425957
List Date September 11, 2026
Elementary School James E Mitchell
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.

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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
304 Dubina Ave
Fairhaven
$284,900 $200 3 bd / 2 ba 1,426 sqft , 2026-09-02
317 Frederick Dr
Fairhaven
$299,900 $158 3 bd / 3 ba 1,901 sqft , 2026-06-05
606 Old Peak Rd
Pinnacle Ph 02
$299,990 $182 3 bd / 2 ba 1,646 sqft , 2026-07-31
1109 Fairhaven Gtwy
Fairhaven
$299,999 $159 3 bd / 3 ba 1,892 sqft , 2026-06-18
228 Avalanche Ave
Pinnacle Ph 01
$305,000 $171 4 bd / 2 ba 1,787 sqft , 2026-05-18

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
$1,380/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
$57,500
20% conventional investment loan

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

Estimated Gross Rent+$1,380
Principal + Interest−$1,569
Property Tax (~2.1% TX avg)−$503
Insurance (~0.5%)−$120
Est. Monthly Cash Flow $-812

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 September 12, 2026.

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