Active Listing  ·  85 days on market

240 Diamondback Dr

Georgetown, TX 78628
$415,000
3 Bed 3 Bath 1,660 sqft $250/sqft Built 2021 0.13 acres 2-Car Garage Pool WOLF RANCH

Like-new and loaded with upgrades, this 2022 built Coventry home is in Georgetown's highly desirable Wolf Ranch community! Enjoy an unbeatable location just steps from Mary Charles Park and the Dry Creek Trail, with an elementary school in the neighborhood and less than a mile from I-35, Highway 29, and 100+ shops and restaurants, including HEB, Target, Academy, Best Buy, and PetSmart. Plus, you're just five minutes from Georgetown's charming downtown square. Set on a premium homesite with no direct neighbors in front or behind, the backyard backs to a beautiful stone fence with tree views instead of other homes. Inside, you'll find quality upgrades throughout, including 10-foot ceilings, hardwood floors, a water filtration system that covers the entire home providing drinkable water from any faucet with a built in water softener to protect all of your appliances, smart motorized blinds controlled by phone or remote, ceiling fans throughout (including the covered patio), upgraded lighting, cabinet hardware, and energy-efficient LEED-certified construction. Open-concept living centers around a spacious kitchen with an oversized granite island. Step outside to the extended covered patio with a natural gas connection - perfect for grilling and entertaining. Wolf Ranch offers some of Georgetown's best amenities, including multiple resort-style pools, cabanas, a fitness center, splash pad, playgrounds, sports courts, a dog park, indoor event spaces, and 16 miles of scenic hike-and-bike trails, with even more planned. The community also hosts a full calendar of resident events and activities throughout the year, making it easy to connect with neighbors and enjoy the Wolf Ranch lifestyle. Adding to the convenience, the HOA also covers front and backyard lawn maintenance - including mowing, blowing, landscape care, and routine mulching - so you can spend more time enjoying the community and less time on yard work, while ensuring the neighborhood always looks its best.

At $250/sqft, this home is priced 9% above the Georgetown active market average of $229/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

240 Diamondback Dr, Georgetown, TX 78628

Property Details

Price $415,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,660 sqft
Lot Size 0.13 acres (5,719.43 sqft)
Year Built 2021
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision WOLF RANCH
County Williamson
Zip Code 78628
$/sqft $250/sqft
Days on Market ,
HOA $1,160/Semi-Annually
Annual Tax Est. $10,758.44
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238122192
List Date June 30, 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 →

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 30, 2026 $425,000
Current ask $415,000
Reduced $10,000 (-2.4%) 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
121 Rough Creek Rd
Wolf Ranch
$422,500 $216 3 bd / 2 ba 1,956 sqft , 2026-06-14
109 Rough Creek Rd
Wolf Ranch
$425,500 $212 3 bd / 2 ba 2,011 sqft , 2026-06-14
633 Pecan Bottom Trl
Wolf Ranch
$429,999 $226 4 bd / 3 ba 1,901 sqft , 2026-05-16
105 Rough Creek Rd
Wolf Ranch
$400,000 $254 3 bd / 2 ba 1,574 sqft , 2026-09-16
301 Tallwood Dr
San Gabriel Heights Sec 05
$435,000 $200 3 bd / 3 ba 2,176 sqft , 2026-05-07

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
$1,992/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
$83,000
20% conventional investment loan

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

Estimated Gross Rent+$1,992
Principal + Interest−$2,265
Property Tax (~2.1% TX avg)−$726
Insurance (~0.5%)−$173
Est. Monthly Cash Flow $-1,172

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 12, 2026.

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