Active Listing  ·  116 days on market

2301 Limestone Lake Dr #43

Georgetown, TX 78633
$428,000
4 Bed 3 Bath 2,716 sqft $158/sqft Built 2020 0.00 acres 2-Car Garage Pool Gatlin Creek Condos

Welcome to this bright and spacious home at Georgetown. No back and front neighbor and next to community park! 4 bedrooms, 3 full bathrooms, and 2 car garage at a large corner lot. One bedroom with a full bath downstairs perfect for guests or in-laws. Primary suite, a hug game room, 2 spacious bedrooms and a full bath upstairs. The kitchen has a large pantry and a huge island open to the family room and the dinner room. Great storage including under-stairs closet, upstairs storage closet, and linen closets. Covered front and back porches. Fully irrigated yard. Great natural light and backyard views from living area. Even more-the refrigerator, washer and dryer in the house will stay. Don't miss it and schedule your tour today!

At $158/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

2301 Limestone Lake Dr #43, Georgetown, TX 78633

Property Details

Price $428,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,716 sqft
Lot Size 0.00 acres (43.56 sqft)
Year Built 2020
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Gatlin Creek Condos
County Williamson
Zip Code 78633
$/sqft $158/sqft
Days on Market ,
HOA $100/Monthly
Annual Tax Est. $8,247.91
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231862092
List Date May 29, 2026
Elementary School Annie Purl
Middle School Charles A Forbes
High School Georgetown
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 →

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 · May 29, 2026 $448,000
Current ask $428,000
Reduced $20,000 (-4.5%) 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
501 Wildwood Dr
Woodlake Ph 03
$425,000 $132 4 bd / 3 ba 3,224 sqft , 2026-09-22
107 Lantana Dr
Sun City Georgetown Ph 02 Neighborhood 10 Pud
$449,500 $189 3 bd / 3 ba 2,374 sqft , 2026-07-31
701 Hays Hill Dr
Gatlin Crk Condos
$400,000 $141 4 bd / 3 ba 2,831 sqft , 2025-10-21
1213 Lakeside Ranch Rd
Lakeside Ph 1
$475,000 $185 4 bd / 3 ba 2,566 sqft , 2026-05-15
4504 Woodstock Dr
Woodlake
$365,000 $125 4 bd / 3 ba 2,917 sqft , 2026-06-19

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
$2,054/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
$85,600
20% conventional investment loan

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

Estimated Gross Rent+$2,054
Principal + Interest−$2,336
Property Tax (~2.1% TX avg)−$749
Insurance (~0.5%)−$178
Est. Monthly Cash Flow $-1,209

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 22, 2026.

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