Active Listing  ·  7 days on market

228 Scenic Hills Cir

Georgetown, TX 78628
$489,000
4 Bed 3 Bath 2,206 sqft $222/sqft Built 2023 0.19 acres 2-Car Garage Pool New Construction Crescent Bluff

BUILDER IS OFFERING 20K IN FLEX CASH!! USE IT HOWEVER YOU'D LIKE: REDUCE LIST PRICE, TOWARD CLOSING COST, RATE BUY DOWN?? YOU DECIDE! MUST SEE.... NEW Scott Homes single story with an Amazing floorplan with 4 Bed/3 Bath and covered Outdoor Living. Gourmet open kitchen w/center island; Stainless Appliances and Contemporary EVRGRN Cabinetry . Gorgeous wood plank floor tile extends thru Family Room. Elegant 8' doors and High Ceilings Thru-out. Luxurious Master Suite features Oversize Shower w/seat; Two vanities; HUGE closet Plus linen. Energy Audit w/HERS certificate. Come and visit all 6 move-in ready homes AVAILABLE on this street!

At $222/sqft, this home is 3% 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

228 Scenic Hills Cir, Georgetown, TX 78628

Property Details

Price $489,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,206 sqft
Lot Size 0.19 acres (8,276.4 sqft)
Year Built 2023
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Crescent Bluff
County Williamson
Zip Code 78628
$/sqft $222/sqft
Days on Market ,
HOA $600/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT247012218
List Date September 16, 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.

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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
116 Elm View Dr
Crescent Bluff
$484,900 $224 3 bd / 2 ba 2,167 sqft , 2025-08-25
2105 Prairie Oaks Dr
Water Oak North Sec 4
$479,900 $204 4 bd / 2 ba 2,347 sqft , 2026-05-14
153 Crescent Heights Dr
Crescent Bluff
$474,500 $168 4 bd / 4 ba 2,818 sqft , 2026-05-26
236 Cross Mountain Trl
Water Oak North Sec 2
$509,000 $195 3 bd / 3 ba 2,615 sqft , 2026-07-29
140 Scenic Hills Cir
Crescent Bluff
$509,000 $231 4 bd / 3 ba 2,206 sqft , 2026-09-16

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
$2,347/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
$97,800
20% conventional investment loan

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

Estimated Gross Rent+$2,347
Principal + Interest−$2,669
Property Tax (~2.1% TX avg)−$856
Insurance (~0.5%)−$204
Est. Monthly Cash Flow $-1,382

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

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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 17, 2026.

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