Active Listing  ·  156 days on market

221 Frederick Dr

Georgetown, TX 78626
$335,999
3 Bed 3 Bath 1,901 sqft $177/sqft Built 2019 0.11 acres 2-Car Garage Pool Fairhaven

Pride of ownership abounds in this fantastic family home in lovely Fairhaven!!! This 3 bedroom, 2.5 bath, like new, rests on a lot that backs up to no one !! Private Primary bedroom downstairs and two bedrooms up , plus a flex space / loft. Kitchen is open to living area with soaring high ceilings. Wood look luxury vinyl plank in main areas. Includes full gutters and in ground sprinkler system.

At $177/sqft, this home is 21% below the Georgetown active market average of $224/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

221 Frederick Dr, Georgetown, TX 78626

Property Details

Price $335,999
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,901 sqft
Lot Size 0.11 acres (4,817.74 sqft)
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Fairhaven
County Williamson
Zip Code 78626
$/sqft $177/sqft
Days on Market ,
HOA $75/Monthly
Annual Tax Est. $8,549.71
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT223253738
List Date March 20, 2026
Elementary School Williams
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
201 Stein Rd
Arrowpoint
$339,000 $223 3 bd / 2 ba 1,522 sqft , 2026-04-07
509 Otto Ave
Kasper Sec 8
$340,000 $184 3 bd / 3 ba 1,845 sqft , 2026-05-06
4495 Heritage Well Ln
Teravista Sec 21
$340,000 $191 4 bd / 2 ba 1,784 sqft , 2026-07-11
425 Shiner Ln
FAIRHAVEN
$330,000 $231 3 bd / 2 ba 1,430 sqft , 2026-03-06
204 Precipice Way
Pinnacle
$329,900 $167 3 bd / 3 ba 1,972 sqft , 2026-08-21

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
$1,613/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
$67,200
20% conventional investment loan

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

Estimated Gross Rent+$1,613
Principal + Interest−$1,834
Property Tax (~2.1% TX avg)−$588
Insurance (~0.5%)−$140
Est. Monthly Cash Flow $-949

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 July 24, 2026.

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