Active Listing  ·  13 days on market

29000 COLONIAL Dr

Georgetown, TX 78628
$450,000
3 Bed 2 Bath 1,881 sqft $239/sqft Built 2000 0.23 acres 2-Car Garage Pool BERRY CREEK 6 RESUB

Welcome to this beautifully freshly remodeled and renovated 3-bedroom, 2-bath home in a great Georgetown, TX location! This move-in-ready property offers modern updates, a functional layout, and the freedom of NO HOA, giving you the flexibility of homeownership without monthly HOA fees or HOA restrictions.

Step inside to discover a fresh, updated feel throughout, with plenty of space to make this home your own. Whether you’re a first-time homebuyer, or searching for an investment opportunity, this property is a must-see!

Enjoy the convenience of being located near shopping, dining, schools, major roads, and everything Georgetown has to offer. Great location, beautiful updates.

Don’t miss your opportunity to own this beautifully renovated Georgetown home. Schedule your showing today!

At $239/sqft, this home is priced 4% 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

29000 COLONIAL Dr, Georgetown, TX 78628

Property Details

Price $450,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,881 sqft
Lot Size 0.23 acres (9,801 sqft)
Year Built 2000
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision BERRY CREEK 6 RESUB
County Williamson
Zip Code 78628
$/sqft $239/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246226118
List Date September 9, 2026
Elementary School Raye McCoy
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 →

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
144 Monterey Oak Trl
Hidden Oaks at Berry Creek
$435,000 $194 4 bd / 4 ba 2,244 sqft , 2026-07-04
30107 Hamlet Cir
Berry Creek Sec 04
$425,000 $234 2 bd / 2 ba 1,820 sqft , 2026-05-29
31316 Kingsway Rd
Berry Creek Ph 2 Sec 5
$475,000 $192 3 bd / 2 ba 2,472 sqft , 2026-07-11
1011 Serenada Dr
Serenada East Unit 03
$410,500 $222 4 bd / 3 ba 1,846 sqft , 2026-07-10
500 Treaty Oak Dr
Hidden Oaks At Berry
$529,900 $262 4 bd / 3 ba 2,019 sqft , 2025-12-03

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
$2,160/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
$90,000
20% conventional investment loan

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

Estimated Gross Rent+$2,160
Principal + Interest−$2,456
Property Tax (~2.1% TX avg)−$788
Insurance (~0.5%)−$188
Est. Monthly Cash Flow $-1,272

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 11, 2026.

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