Active Listing  ·  4 days on market

228 Arrowhead Mound Rd

Georgetown, TX 78628
$500,000
4 Bed 3 Bath 1,952 sqft $256/sqft Built 2022 0.12 acres 2-Car Garage Pool Wolf Ranch

Nestled on one of Wolf Ranch's coveted greenbelt lots, this stunning one-story Highland Home Bentley floor plan offers the perfect blend of privacy, scenic views, and exceptional community living. Greenbelt homes are a rare find in Wolf Ranch, making this a unique opportunity to enjoy peaceful backyard views with no immediate rear neighbors.

This beautifully maintained home features 4 bedrooms, 2.5 bathrooms, soaring ceilings, luxury vinyl plank flooring, 8-foot interior doors, and an open-concept design filled with natural light. The upgraded kitchen is the heart of the home, showcasing quartz countertops, a finished island with additional cabinetry, designer lighting, an upgraded tile backsplash, and abundant space for cooking and entertaining.

The spacious primary suite provides a relaxing retreat with dual raised vanities, quartz countertops, upgraded tile flooring, and an expanded walk-in shower. Step outside to the extended covered patio where you can unwind while enjoying the tranquil greenbelt setting. Cedar stairs, modern metal railings, and a gas line for a future outdoor grill make this outdoor space ideal for entertaining family and friends.

Located within walking distance of Wolf Ranch Elementary, this home also offers access to one of Georgetown's premier master-planned communities. Wolf Ranch is known for its family-friendly atmosphere and outstanding amenities, including multiple amenity centers, two resort-style swimming pools, a fitness center, dog park, playgrounds, picnic areas, miles of scenic walking and biking trails, and year-round community events that bring neighbors together.

This exceptional home offers the perfect combination of upgraded finishes, a rare greenbelt location, and an unmatched neighborhood lifestyle.

At $256/sqft, this home is priced 13% above the Georgetown active market average of $227/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

228 Arrowhead Mound Rd, Georgetown, TX 78628

Property Details

Price $500,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 1,952 sqft
Lot Size 0.12 acres (5,052.96 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Wolf Ranch
County Williamson
Zip Code 78628
$/sqft $256/sqft
Days on Market ,
HOA $563/Semi-Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239335680
List Date July 31, 2026
Elementary School Wolf Ranch Elementary
Middle School James Tippit
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.

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
604 Bottlebrush Dr
Gardens at Verde Vista
$500,000 $216 4 bd / 3 ba 2,315 sqft , 2024-12-20
161 Palio Pl
Rancho Sienna
$500,000 $207 4 bd / 4 ba 2,412 sqft , 2026-07-24
809 Breezygrass Way
Teravista Ph 1 Sec 401
$500,000 $211 3 bd / 3 ba 2,366 sqft , 2026-07-24
4221 Mercer Rd
Wolf Ranch West Ph 3 Sec 1A
$500,000 $220 4 bd / 3 ba 2,268 sqft , 2026-07-31
632 Hickory Bend Trl
Oaks at San Gabriel
$499,990 $227 4 bd / 3 ba 2,200 sqft , 2026-04-20

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
$100,000
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

More Luxury Homes in Georgetown

Loading…
View All Luxury Homes →