Active Listing  ·  74 days on market

305 Terra Manor Trl

Georgetown, TX 78628
$599,000
4 Bed 3 Bath 2,593 sqft $231/sqft Built 2022 0.15 acres 2-Car Garage Pool Parkside on the River

Some homes check all the boxes. 305 Terra Manor Trail goes beyond them. Nestled in one of Georgetown's most desirable communities, this stunning Perry Homes residence blends sophisticated design, everyday comfort, and exceptional spaces for living and entertaining.

Featuring 4 bedrooms, 3 full bathrooms, and a dedicated home office, this thoughtfully designed floor plan offers flexibility for families, guests, and remote work. The spacious primary suite serves as a private retreat with a spa inspired bath, soaking tub, separate shower, and dual vanities.

The heart of the home is the beautiful open concept kitchen, complete with granite countertops, stainless steel appliances, abundant cabinetry, and a large island overlooking the bright and inviting living area with soaring ceilings and expansive windows.

Step outside to a private backyard oasis with a covered patio perfect for morning coffee, weekend gatherings, or relaxing evenings. Residents also enjoy access to resort style amenities including a pool, fitness center, event spaces, and scenic hiking and biking trails.

Built with the quality craftsmanship Perry Homes is known for, 305 Terra Manor Trail offers the perfect balance of style, comfort, and community in the heart of Georgetown.

At $231/sqft, this home is priced in line with the Georgetown market average of $226/sqft across 1,330 active listings. View Austin market report →

Location

305 Terra Manor Trl, Georgetown, TX 78628

Property Details

Price $599,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,593 sqft
Lot Size 0.15 acres (6,490.44 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Parkside on the River
County Williamson
Zip Code 78628
$/sqft $231/sqft
Days on Market ,
HOA $840/Annually
Annual Tax Est. $13,159.77
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231702403
List Date June 3, 2026
Elementary School Wolf Ranch Elementary
Middle School James Tippit
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.

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
1236 Scenic Green Loop
Parkside on the River
$599,000 $258 4 bd / 3 ba 2,319 sqft , 2026-07-23
112 Red Camella Dr
Parkside On The River
$599,481 $231 4 bd / 3 ba 2,593 sqft , 2026-03-10
209 Amber Oak Ln
Parkside on the River
$599,900 $231 4 bd / 3 ba 2,594 sqft , 2026-04-30
1133 Pansy Trl
Parkside on the River
$599,900 $252 4 bd / 3 ba 2,381 sqft , 2026-06-03
1421 Pansy Trl
Parkside on the River
$599,900 $240 4 bd / 3 ba 2,504 sqft , 2026-07-10

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
$2,875/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
$119,800
20% conventional investment loan

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

Estimated Gross Rent+$2,875
Principal + Interest−$3,269
Property Tax (~2.1% TX avg)−$1,048
Insurance (~0.5%)−$250
Est. Monthly Cash Flow $-1,692

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 June 12, 2026.

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