Active Listing  ·  50 days on market

233 Frederick Dr

Georgetown, TX 78626
$386,400
4 Bed 3 Bath 2,507 sqft $154/sqft Built 2019 0.11 acres 2-Car Garage Pool Kasper Sec 7

Seller contributing up to $7,500 toward buyer closing costs or an interest rate buydown, subject to contract terms and buyer’s lender approval. Welcome to 233 Frederick Drive, a move-in-ready 4-bedroom, 2.5-bath home in Georgetown, TX, located in the sought-after Fairhaven community. With 2,507 square feet, a large bonus room, thoughtful updates, and convenient access to Downtown Georgetown, this home offers the space and flexibility today’s buyers are looking for. The main level features durable wood-look luxury vinyl plank flooring and a designer accent wall that adds character to the family room. The kitchen includes granite countertops, stainless steel appliances, a gas range, a spacious walk-in pantry & a separate dining area. The downstairs half bath has also been refreshed with a new vanity & wall cabinet. Upstairs, brand-new carpet leads to a large bonus room that can be used as a game room, media room, home office, playroom, study, or second living area. Ceiling fans in every bedroom, upgraded lighting fixtures, & updated kitchen and bathroom faucets add to the home’s move-in-ready appeal. Outside, an extended concrete patio creates additional space for grilling, relaxing, and entertaining. Market lights add evening ambiance, and the outdoor TV makes the backyard ready for game day and gatherings. Mounted TVs in multiple spaces also convey with the home. Fairhaven residents enjoy access to a community pool, walking trails, amenity center, pond, playground, and neighborhood green spaces.

Located in Georgetown, TX this home offers easy access to I-35 and is approximately 10 min from the historic Georgetown Square, Wolf Ranch Town Center, H-E-B, dining, shopping & everyday conveniences nearby. If you’re searching for a 4-bedroom home for sale in Georgetown, TX with a bonus room, updated finishes, outdoor living space, community amenities & buyer incentives, schedule your tour today. All information deemed to be reliable, but not guaranteed. Buyer to verify!

At $154/sqft, this home is 32% below the Georgetown active market average of $228/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

233 Frederick Dr, Georgetown, TX 78626

Property Details

Price $386,400
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,507 sqft
Lot Size 0.11 acres (4,870.01 sqft)
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Kasper Sec 7
County Williamson
Zip Code 78626
$/sqft $154/sqft
Days on Market ,
HOA $76/Monthly
Annual Tax Est. $9,110.07
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243874044
List Date August 19, 2026
Elementary School Williams
Middle School Wagner
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 →

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 · August 19, 2026 $389,900
Current ask $386,400
▼ Reduced $3,500 (-0.9%) 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
401 Mildred Pr
Patterson Ranch
$389,680 $187 3 bd / 3 ba 2,085 sqft , 2026-08-21
201 Connor Ln
Parks at Westhaven
$379,990 $197 4 bd / 2 ba 1,927 sqft , 2026-08-21
136 Jans Way
Patterson Ranch
$378,981 $219 4 bd / 2 ba 1,730 sqft , 2026-10-06
1209 Toltec Trl
La Conterra Sub Sec 6
$375,000 $127 3 bd / 3 ba 2,952 sqft , 2026-07-16
112 Bremen St
Fairhaven
$375,000 $143 5 bd / 3 ba 2,624 sqft , 2026-10-07

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
$1,855/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
$77,280
20% conventional investment loan

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

Estimated Gross Rent+$1,855
Principal + Interest−$2,109
Property Tax (~2.1% TX avg)−$676
Insurance (~0.5%)−$161
Est. Monthly Cash Flow $-1,091

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 30, 2026.

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