About This Home

Spacious three-bedroom home on large lot in Georgetown. Open floorplan with converted garage. Updates include wood laminate flooring, recessed lighting, light fixtures, ceiling fans to name a few. Perfect starter home with room for more updates. Large lot with two storage sheds, playscape and playhouse for the kids, covered patios in front and back. Close to IH35, Southwestern University, restaurants, shopping, entertainment. Refrigerator, washer and dryer are negotiable. Priced to sell quick.

At $213/sqft, this home is 6% 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

2204 Winchester Dr, Georgetown, TX 78626

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Property Details

Price $244,500

Status Active Listing

Beds 3

Full Baths 1

Half Baths ,

Living Area 1,150 sqft

Lot Size 0.16 acres (6,987.02 sqft)

Year Built 1981

Garage ,

Stories ,

Type Residential · Single Family Residence

Subdivision Quail Valley Sec 01

County Williamson

Zip Code 78626

$/sqft $213/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $4,392.22

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT236811111

List Date June 19, 2026

Elementary School Annie Purl

Middle School Charles A Forbes

High School Georgetown

School District ,

Have Questions About This Property?

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

330 Portsmouth Dr
Sun City Georgetown Neighborhood 24 B2 Pud $245,000 $172 2 bd / 2 ba 1,426 sqft , 2026-04-30

214 Whispering Wind Dr
Sun City Georgetown Neighborhood 04 $247,950 $219 2 bd / 2 ba 1,133 sqft , 2026-04-20

317 Essex Ln
Sun City Georgetown Neighborhood 33 Pud $240,000 $172 2 bd / 2 ba 1,397 sqft , 2026-04-20

120 Bowie Cir
Sun City Georgetown Neighborhood 24B Pud $240,000 $168 2 bd / 2 ba 1,426 sqft , 2026-04-29

334 Portsmouth Dr
Sun City Georgetown Nbrhd 24B2 $240,000 $172 2 bd / 2 ba 1,397 sqft , 2026-07-22

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

$1,174/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

$48,900

20% conventional investment loan

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

Estimated Gross Rent+$1,174

Principal + Interest−$1,334

Property Tax (~2.1% TX avg)−$428

Insurance (~0.5%)−$102

Est. Monthly Cash Flow $-690

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 →

2204 Winchester Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Georgetown, TX

More Luxury Homes in Georgetown

2204 Winchester Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Georgetown, TX

More Luxury Homes in Georgetown

Explore Austin Real Estate