Active Listing  ·  82 days on market

3026 Gabriel View Dr

Georgetown, TX 78628
$499,900
3 Bed 3 Bath 2,931 sqft $171/sqft Built 1981 0.37 acres 2-Car Garage Pool River Bend Unit 02

Gorgeous and filled with character, this home is beautifully surrounded by mature trees and offers the freedom of no HOA. Spacious rooms throughout create an inviting sense of comfort, beginning with a large front yard featuring easy-to-maintain landscaping and a long driveway that leads to a detached 2-car garage. A generous front porch welcomes you inside to a thoughtfully designed floor plan enhanced by expansive windows and abundant natural light. The living room showcases a dramatic floor-to-ceiling stone fireplace and flows seamlessly into the kitchen, complete with wood and tile countertops, an island, breakfast bar, white cabinetry with pullout drawers, stainless steel appliances, and a pantry. The dining area is accented by built-in shelves, while an oversized flex space with its own fireplace and bar offers endless possibilities for entertaining, relaxing, or creating a game room, media room, or second living area. A convenient half bath completes the main level. Upstairs, all bedrooms are privately tucked away, including an oversized primary suite with a fireplace, large balcony, walk-in closet, and ensuite bath featuring a dual vanity, luxury steam shower and walk-in closet. Two additional large bedrooms offer exceptional flexibility, each with its own closet plus built-in desk and shelving. Outside, the large fenced backyard is designed for enjoyment with a spacious patio, deck, and dedicated garden area. Ideally located near Lake Georgetown and a wealth of shopping, dining, and recreation, with easy access to I-35 and Highway 29, this one-of-a-kind home blends charm, space, and convenience in a truly special setting.

At $171/sqft, this home is 25% below the Georgetown active market average of $227/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

3026 Gabriel View Dr, Georgetown, TX 78628

Property Details

Price $499,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,931 sqft
Lot Size 0.37 acres (16,099.78 sqft)
Year Built 1981
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision River Bend Unit 02
County Williamson
Zip Code 78628
$/sqft $171/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,146.96
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT230039973
List Date May 14, 2026
Elementary School The Village
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.

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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
1104 Glen Heather Dr
Parmer Ranch
$499,900 $218 4 bd / 4 ba 2,293 sqft , 2026-02-25
804 Indian Hawthorne Dr
Gardens at Verde Vista
$499,900 $187 4 bd / 4 ba 2,678 sqft , 2026-04-10
1504 Corduroy Ln
Parmer Ranch
$499,900 $210 4 bd / 3 ba 2,381 sqft , 2026-03-13
2105 Prairie Oaks Dr
Water Oak North Sec 4
$499,900 $213 4 bd / 2 ba 2,347 sqft , 2026-05-14
112 Coral Bean Way
Teravista
$499,900 $202 4 bd / 3 ba 2,471 sqft , 2026-05-15

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
$2,400/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
$99,980
20% conventional investment loan

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

Estimated Gross Rent+$2,400
Principal + Interest−$2,728
Property Tax (~2.1% TX avg)−$875
Insurance (~0.5%)−$208
Est. Monthly Cash Flow $-1,411

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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