Active Listing  ·  51 days on market

306 Debora Dr

Georgetown, TX 78628
$275,000
3 Bed 2 Bath 1,690 sqft $163/sqft Built 1999 0.19 acres 2-Car Garage Pool Sierra Vista Sec 01

Walk into $75k+ of equity with this great property in a quiet community with no HOA and 1.8% tax rate. The house is a great fit for home buyers looking for a DEAL or investors looking for a rental that actually pencils. The property features recent roof, HVAC, water heater, updated interior with fresh paint, light fixtures, recessed lights, and new kitchen sink, faucet and garbage disposal. Exterior masonry and siding appear to be in great condition as well. The floor plan is modern and functional, featuring an open living room with a beautiful fireplace. The primary bedroom features vaulted ceilings, a large bathroom, and a walk-in closet. Guest bedrooms are also generously sized and conveniently positioned on the opposite side from the primary. Enjoy a peaceful neighborhood with an elementary school steps away, while being minutes from shopping, dining, and everything G-town has to offer. The property is sold as is, information is deemed reliable but not guaranteed, buyers and buyer's agents are responsible for independently verifying all information, including but not limited to condition, square footage, schools, taxes, restrictions, room dimensions, and any other information material to the buyer's decision. Take advantage of 1% rate buydown with our preferred lender. Investors can buy this property with less than 10% down using the BRRR method—contact the listing agent for details.

At $163/sqft, this home is 29% 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

306 Debora Dr, Georgetown, TX 78628

Property Details

Price $275,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,690 sqft
Lot Size 0.19 acres (8,089.09 sqft)
Year Built 1999
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Sierra Vista Sec 01
County Williamson
Zip Code 78628
$/sqft $163/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,375.76
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247624349
List Date September 22, 2026
Elementary School Wolf Ranch Elementary
Middle School James Tippit
High School East View
School District Georgetown ISD

Georgetown ISD

Wolf Ranch Elementary · James Tippit · East View

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 · September 22, 2026 $285,000
Current ask $275,000
▼ Reduced $10,000 (-3.5%) 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
113 Oakland Dr
San Gabriel Heights
$283,000 $165 3 bd / 2 ba 1,710 sqft , 2026-09-23
201 Woodstone Dr
Thousand Oaks Sec 1
$299,900 $212 3 bd / 2 ba 1,415 sqft , 2026-09-14
212 Rockcrest Dr
Thousand OaksSec 1
$300,000 $197 4 bd / 2 ba 1,522 sqft , 2026-03-13
210 Burning Tree Dr
Thousand Oaks Sec 1
$345,000 $238 3 bd / 2 ba 1,449 sqft , 2026-11-04
312 DEBORA Dr
SIERRA VISTA
$369,999 $225 3 bd / 2 ba 1,643 sqft , 2026-09-13

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
$1,320/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
$55,000
20% conventional investment loan

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

Estimated Gross Rent+$1,320
Principal + Interest−$1,501
Property Tax (assumed ~2.1%)−$481
Insurance (assumed ~0.5%)−$115
Est. Monthly Cash Flow $-777

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 · 41 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. The written content was last updated on October 6, 2026.

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

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