Active Listing  ·  15 days on market

229 Bluff Creek Ln

Georgetown, TX 78628
$499,900
4 Bed 3 Bath 2,444 sqft $205/sqft Built 2024 0.18 acres 2-Car Garage Pool Parkside on the River

4 BEDROOMS + OFFICE + 3 FULL BATHROOMS + 2 LIVING SPACES! This beautiful 2024-built home offers 2,444 sq. ft. of thoughtfully designed living space in Parkside on the River. The bright, open-concept kitchen, dining, and living area is perfect for everyday living and entertaining, while the dedicated office and second living space offer great flexibility.

Step outside to an EXTRA-LARGE BACKYARD with GREEN SPACE NEXT DOOR, providing added privacy and an open feel. Located in the highly acclaimed Georgetown ISD and surrounded by amazing community amenities, including resort-style pools, parks, playgrounds, trails, and beautiful outdoor spaces. Fantastic floor plan, exceptional lot, and MOTIVATED SELLER!

Located in the city of Georgetown, this property combines comfortable indoor spaces with outdoor potential on its established lot.

At $205/sqft, this home is 10% 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

229 Bluff Creek Ln, Georgetown, TX 78628

Property Details

Price $499,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,444 sqft
Lot Size 0.18 acres (7,932.28 sqft)
Year Built 2024
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Parkside on the River
County Williamson
Zip Code 78628
$/sqft $205/sqft
Days on Market ,
HOA $840/Annually
Annual Tax Est. $13,304.11
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246067889
List Date September 8, 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
104 Annamae Green Cv
Parkside on the River
$499,900 $256 3 bd / 3 ba 1,950 sqft , 2026-07-28
328 Terrene Trl
Parkside/River Ph 2 Sec 4 & 7
$499,990 $167 5 bd / 4 ba 2,998 sqft , 2026-09-12
245 Rivers Edge Dr
Riverview
$500,070 $238 4 bd / 2 ba 2,098 sqft , 2026-07-01
1129 Pansy Trl
Parkside on the River
$501,586 $241 3 bd / 2 ba 2,078 sqft , 2026-01-21
212 Rivers Edge Dr
Riverview
$504,070 $201 5 bd / 3 ba 2,513 sqft , 2026-07-01

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
$99,980
20% conventional investment loan

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

Estimated Gross Rent+$2,400
Principal + Interest−$2,728
Property Tax (~2.1% TX avg)−$875
Insurance (~0.5%)−$208
Est. Monthly Cash Flow $-1,411

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 →
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 21, 2026.

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