Active Listing  ·  101 days on market

2561 Donna Olene Dr

Georgetown, TX 78626
$361,331
3 Bed 3 Bath 1,959 sqft $184/sqft Built 2026 0.14 acres 2-Car Garage Pool Overlook Ranch

We make it easy to view our move-in ready homes with self-guided tours! Ask your sales counselor for more information, so you can discover comfort and style in this stunning, two-story home, which showcases an open floor plan with luxury vinyl plank flooring and a spacious great room. The kitchen is equipped with Shaker-style upper cabinets, sleek tile backsplash and granite countertops. Upstairs, a versatile loft offers a perfect space for a home office or retreat. Unwind in the primary bedroom, which features plush carpeting, a walk-in closet and connecting bath that offers tile flooring, a dual-sink vanity, relaxing tub and luxurious separate shower. Additional highlights include a smart thermostat, Sherwin-Williams® interior paint, modern Moen® fixtures and ceiling fans at great room, primary bedroom and loft. The covered back patio provides the ideal setting for outdoor entertaining and leisure.

At $184/sqft, this home is 19% 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

2561 Donna Olene Dr, Georgetown, TX 78626

Property Details

Price $361,331
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,959 sqft
Lot Size 0.14 acres (6,041.77 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Overlook Ranch
County Williamson
Zip Code 78626
$/sqft $184/sqft
Days on Market ,
HOA $840/Annually
Annual Tax Est. $1,467.5
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238025868
List Date June 29, 2026
Elementary School Carver
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.

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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 29, 2026 $378,921
Previous ask $366,331
Current ask $361,331
▼ Reduced $17,590 (-4.6%) 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
201 Finley Rae Dr
PARKS AT WESTHAVEN
$360,000 $148 4 bd / 4 ba 2,426 sqft , 2026-07-20
1510 Crested Butte Way
La Conterra Sec 2
$360,000 $153 4 bd / 3 ba 2,358 sqft , 2026-09-30
226 Animas Dr
La Conterra Sec 3-B
$359,000 $181 4 bd / 2 ba 1,982 sqft , 2026-08-14
3301 Donatello Cv
Heritage at Vizcaya
$365,000 $222 2 bd / 2 ba 1,641 sqft , 2026-06-04
4498 Heritage Well Ln
Teravista
$365,000 $174 4 bd / 2 ba 2,100 sqft , 2026-09-09

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
$1,734/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
$72,266
20% conventional investment loan

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

Estimated Gross Rent+$1,734
Principal + Interest−$1,972
Property Tax (~2.1% TX avg)−$632
Insurance (~0.5%)−$151
Est. Monthly Cash Flow $-1,021

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 October 6, 2026.

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