Active Listing  ·  126 days on market

307 S Ridge Cir

Georgetown, TX 78628
$615,000
3 Bed 3 Bath 2,418 sqft $254/sqft Built 1986 0.27 acres 2-Car Garage Pool River Ridge Sec 02-A

Welcome to 307 S Ridge Circle, a stunning two-story home brimming with charm. The peaceful neighborhood welcomes you with mature, shade-giving trees, making it truly feel like home. This home offers exceptional outdoor living: an inviting screened-in deck for year-round relaxation, an extended uncovered deck for lounging or dining al fresco, a sparkling pool with a sun deck, and a second-story balcony for savoring your morning coffee.

Inside, functional layout and timeless elegance shines. The towering living room steals the show with its two-story ceilings adorned with original wood paneling and abundant natural light. Enjoy effortless flow from the living room to the kitchen, breakfast nook, and formal dining room. It’s a layout designed for entertaining or hosting holidays with ease. To complete the main level, a versatile study with an ensuite bathroom is easily convertible into a 4th bedroom or guest suite. The private layout places all bedrooms upstairs, while the main level is primed for entertaining. The primary suite offers a generous ensuite with a soaking tub, walk-in shower, and dual vanities. The climate-controlled garage ensures your DIY projects stay comfortable year-round while keeping your vehicles safe and sound. Plus, this home offers peace of mind with its incredibly low tax rate and a host of recent updates, including a brand-new roof, two upgraded A/C units with enhanced ventilation, and a new water heater. This friendly neighborhood offers residents a community pool, newly remodeled playground, and a park with direct access to the San Gabriel River where you can enjoy swimming, fishing, and exploring scenic riverbanks. Schools are a short stroll away, and you’ll love the proximity to major thoroughfares, abundant shopping, employment centers, and the historic downtown Georgetown—arguably home to the prettiest town square in the country! If you’re looking for a home where indoor and outdoor spaces flow seamlessly together, this is the one!

At $254/sqft, this home is priced 11% 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

307 S Ridge Cir, Georgetown, TX 78628

Property Details

Price $615,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 2,418 sqft
Lot Size 0.27 acres (11,830.9 sqft)
Year Built 1986
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision River Ridge Sec 02-A
County Williamson
Zip Code 78628
$/sqft $254/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,295
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT230651741
List Date May 20, 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.

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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 · May 20, 2026 $625,000
Current ask $615,000
Reduced $10,000 (-1.6%) 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
201 S Park Vis
WOLF RANCH
$619,000 $212 4 bd / 3 ba 2,923 sqft , 2026-07-09
200 Ashmore Ln
Wolf Ranch
$625,000 $200 4 bd / 5 ba 3,132 sqft , 2026-06-17
512 Summer Place Ln
Wolf Ranch
$599,900 $223 4 bd / 3 ba 2,694 sqft , 2026-04-18
520 High Summit Dr
Wolf Ranch
$599,000 $241 4 bd / 3 ba 2,486 sqft , 2026-04-27
112 Fox Run
Wolf Ranch
$599,000 $302 4 bd / 3 ba 1,984 sqft , 2026-09-09

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
$2,952/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
$123,000
20% conventional investment loan

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

Estimated Gross Rent+$2,952
Principal + Interest−$3,356
Property Tax (~2.1% TX avg)−$1,076
Insurance (~0.5%)−$256
Est. Monthly Cash Flow $-1,736

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 12, 2026.

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