Active Listing  ·  134 days on market

241 Rivers Edge Dr

Georgetown, TX 78628
$479,085
4 Bed 3 Bath 2,110 sqft $227/sqft Built 2026 0.17 acres 3-Car Garage Pool New Construction Riverview

Estimated completion September!

The Lakeway is a single-story home offered at our Riverview community in Georgetown, TX. This home includes 2,110 square feet of living space, a two-car garage, 4 bedrooms, 3 bathrooms and a study. There are 2 exterior elevations to choose from.

As you enter this home you will find yourself in a foyer that opens to a spare bedroom, bedroom 2, a bathroom and a large study with an extra closet for storage. As you continue through the home you will walk into the spacious dining room, kitchen and open family room that leads to a covered patio. The kitchen features a large kitchen island, quartz countertops, a large pantry and stainless-steel appliances throughout. Just off the dining room is the third and fourth extra bedrooms as well as the third bathroom.

At the back of the home, just off the family room, is the main bedroom, bedroom 1. This bedroom features plenty of space and natural lighting, a large bathroom with double vanity and a large walk-in closet.

This home comes included with a professionally designed landscape package and a full irrigation system as well as our Home is Connected base package that offers devices such as offers devices such as the Amazon Echo Pop, a Video Doorbell, Deako Smart Light Switch, a Honeywell Thermostat, and more.

Images are representative of plan and may vary as built.

Contact us today and find your home at Riverview.

At $227/sqft, this home is priced in line with the Georgetown market average of $228/sqft across 1,178 active listings. View Austin market report →

Location

241 Rivers Edge Dr, Georgetown, TX 78628

Property Details

Price $479,085
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,110 sqft
Lot Size 0.17 acres (7,326.79 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Riverview
County Williamson
Zip Code 78628
$/sqft $227/sqft
Days on Market ,
HOA $175/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT238306709
List Date July 1, 2026
Elementary School Wolf Ranch Elementary
Middle School James Tippit
High School East View
School District Georgetown ISD

Georgetown ISD

Wolf Ranch Elementary · James Tippit · East View

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 · July 1, 2026 $505,070
Previous ask $504,085
Current ask $479,085
▼ Reduced $25,985 (-5.1%) 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
216 Rivers Edge Dr
Riverview
$481,190 $179 5 bd / 3 ba 2,683 sqft , 2026-06-04
2105 Prairie Oaks Dr
Water Oak North Sec 4
$474,900 $202 4 bd / 2 ba 2,347 sqft , 2026-05-14
248 Rivers Edge Dr
Riverview
$474,000 $199 4 bd / 3 ba 2,377 sqft , 2026-06-01
253 Rivers Edge Dr
Riverview
$488,000 $194 5 bd / 3 ba 2,513 sqft , 2026-06-03
277 Rivers Edge Dr
Riverview
$469,000 $208 4 bd / 3 ba 2,250 sqft , 2026-06-01

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
$2,300/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
$95,817
20% conventional investment loan

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

Estimated Gross Rent+$2,300
Principal + Interest−$2,615
Property Tax (assumed ~2.1%)−$838
Insurance (assumed ~0.5%)−$200
Est. Monthly Cash Flow $-1,353

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 · 41 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. The written content was last updated on November 10, 2026.

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

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