Active Listing  ·  93 days on market

229 Bonnet Blvd

Georgetown, TX 78628
$419,500
4 Bed 3 Bath 2,638 sqft $159/sqft Built 2019 0.16 acres 2-Car Garage Pool Rancho Sienna Sec 11 Ph 3

A home that wows from the moment you walk in the door. Soaring ceilings, chef's kitchen and open living room with tons of natural light await. The owner suite offers a large retreat from the world with 2 separate vanities and a large walk-in closet. Another bedroom on the main level offers a guest experience with privacy and their own bathroom. Upstairs the flex space will provide extra space for game nights, movie watching or another living area as well as 2 more bedrooms and a bath. The laundry room is both spacious and functional as a crafting station or work room as well! This home is located within walking distance to Rancho Sienna Elementary School, less than a mile from HEB, multiple dining options, Costco and so much more. Walmart and Target coming within months and the extended 183 A toll road is minutes away.

At $159/sqft, this home is 31% 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 Bonnet Blvd, Georgetown, TX 78628

Property Details

Price $419,500
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,638 sqft
Lot Size 0.16 acres (7,061.08 sqft)
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Rancho Sienna Sec 11 Ph 3
County Williamson
Zip Code 78628
$/sqft $159/sqft
Days on Market ,
HOA $66/Monthly
Annual Tax Est. $10,612.71
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237240193
List Date June 22, 2026
Elementary School Rancho Sienna
Middle School Santa Rita Middle
High School Legacy Ranch
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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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · June 22, 2026 $450,000
Previous ask $425,000
Current ask $419,500
Reduced $30,500 (-6.8%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
4304 Ramblin Acres Rd
Lively Ranch
$415,999 $184 4 bd / 3 ba 2,263 sqft , 2026-05-01
223 Volterra Cv
Rancho Sienna Sec 9
$415,000 $160 4 bd / 3 ba 2,598 sqft , 2026-08-11
4328 Rockbrook Farms Ln
LIVELY RANCH
$424,900 $204 4 bd / 2 ba 2,081 sqft , 2026-04-16
113 Corbin Ave
Rancho Sienna
$424,999 $197 3 bd / 3 ba 2,152 sqft , 2026-07-30
212 Russet Trl
Rancho Sienna Ph 1 Sec 11
$425,000 $173 4 bd / 3 ba 2,457 sqft , 2026-06-30

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
$2,014/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
$83,900
20% conventional investment loan

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

Estimated Gross Rent+$2,014
Principal + Interest−$2,289
Property Tax (~2.1% TX avg)−$734
Insurance (~0.5%)−$175
Est. Monthly Cash Flow $-1,184

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 15, 2026.

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