Active Listing  ·  60 days on market

302 Highland Spring Ln

Georgetown, TX 78633
$1,150,000
4 Bed 4 Bath 3,306 sqft $348/sqft Built 2024 1.00 acres 3-Car Garage Pool Highland Estates

Is there room in the list price for Buyer incentives or home enhancement allowances? Of course! Located in the esteemed Highland Estates gated community! One acre +/- estate sized home-site positioned at the end of a beautiful long sweeping driveway. Four spacious bedrooms plus Study/In-Home Office, Media/Entertainment Room, Large Storage Room, Oversized Utility Room, Walk-in Pantry. Mud Room. Huge Master Bedroom and Master Bathroom with Walk-in Closet. Three car garage with an Electric Vehicle Charging Station! An abundance of built in cabinetry and storage spaces! Living room sized covered vaulted patio with outdoor grill and sink is approx 590 sq ft which is in addition to the home's reported square footage! Beautiful wood floors in majority of home. A very spacious/large attic! Ask about the Environmental Feature. See attached documents for floor plan. Seller is a licensed real estate broker. Ask about Buyer allowances for landscaping and for other buyer customized choices. Estimated tax and appraised value has not yet been updated by the county. A new survey will be provided by Seller prior to closing. Square footage is estimated and is deemed accurate but Buyer may measure for him or herself. Is the price negotiable? Let me know what works best for you!

At $348/sqft, this home is priced 52% 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

302 Highland Spring Ln, Georgetown, TX 78633

Property Details

Price $1,150,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,306 sqft
Lot Size 1.00 acres (43,560 sqft)
Year Built 2024
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Highland Estates
County Williamson
Zip Code 78633
$/sqft $348/sqft
Days on Market ,
HOA $950/Annually
Annual Tax Est. $14,823
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232110600
List Date July 24, 2026
Elementary School Jo Ann Ford
Middle School Douglas Benold
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 →

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 24, 2026 $1,170,000
Current ask $1,150,000
Reduced $20,000 (-1.7%) 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
200 Diamond Trl
Woods Fountainwood Ph 01A
$1,115,000 $266 4 bd / 3 ba 4,187 sqft , 2026-07-23
104 Highland Spring Ln
Highland Estates
$1,100,000 $313 4 bd / 4 ba 3,513 sqft , 2026-08-26
128 Tuscany Way
Emory Farms Sec 3
$975,000 $316 4 bd / 3 ba 3,086 sqft , 2026-09-18
107 Hallie Ct
Woods Fountainwood Ph 02
$940,000 $243 4 bd / 4 ba 3,861 sqft , 2026-08-28
251 County Road 262 None
North Lake Sec D
$854,900 $303 4 bd / 4 ba 2,824 sqft , 2026-06-25

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
$5,520/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
$230,000
20% conventional investment loan

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

Estimated Gross Rent+$5,520
Principal + Interest−$6,276
Property Tax (~2.1% TX avg)−$2,013
Insurance (~0.5%)−$479
Est. Monthly Cash Flow $-3,248

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

More Luxury Homes in Georgetown

Loading…
View All Luxury Homes →
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 August 30, 2026.

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