About This Home

BEAUTIFUL HOME

At $261/sqft, this home is priced 14% above the Georgetown active market average of $229/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

221 Lake Rim Cir, Georgetown, TX 78633

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Property Details

Price $698,000

Status Active Listing

Beds 3

Full Baths 3

Half Baths 1

Living Area 2,672 sqft

Lot Size 0.32 acres (13,939.2 sqft)

Year Built 2017

Garage 3 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Final Plat/Lakeside Ph 1

County Williamson

Zip Code 78633

$/sqft $261/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $10,522.42

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT247015282

List Date September 16, 2026

Elementary School Jo Ann Ford

Middle School Douglas Benold

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

140 Lake Rim Cir
Lakeside $679,999 $245 4 bd / 3 ba 2,776 sqft , 2026-09-02

101 Lakeview Ln
Fountainwood Estates Ph 7 $679,900 $257 4 bd / 3 ba 2,641 sqft , 2026-07-01

1513 Lakeside Ranch Rd
Lakeside $650,000 $181 4 bd / 3 ba 3,596 sqft , 2026-04-04

952 Indian Hawthorne Dr
Gardens at Verde Vista $749,000 $220 4 bd / 4 ba 3,405 sqft , 2026-09-14

106 Lakeview Ln
Fountainwood Estates Ph 7 $765,000 $252 4 bd / 3 ba 3,030 sqft , 2026-08-08

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

$3,350/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

$139,600

20% conventional investment loan

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

Estimated Gross Rent+$3,350

Principal + Interest−$3,809

Property Tax (~2.1% TX avg)−$1,222

Insurance (~0.5%)−$291

Est. Monthly Cash Flow $-1,972

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

About the Author

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 18, 2026.

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

221 Lake Rim Cir

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Georgetown, TX

More Luxury Homes in Georgetown

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