Active Listing  ·  34 days on market

308 Adams St

Georgetown, TX 78628
$449,900
2 Bed 3 Bath 2,192 sqft $205/sqft Built 2019 0.03 acres 2-Car Garage Pool The Brownstone at the Summit

Experience a luxurious lock-&-leave lifestyle in this thoughtfully maintained home in the heart of Summit at Rivery Park, just steps from Georgetown’s favorite restaurants, boutique shopping, & the scenic San Gabriel River trails. With easy access to I-35, TX-130, & State Highway 29, this prime location offers both convenience & flexibility. Inside, an open floor plan features wood-look luxury vinyl plank flooring throughout the main living areas & tile in the wet areas, with no carpet anywhere! The first floor offers a spacious bedroom & a full bath, providing a comfortable space for guests. On the main level, the spacious living room features built-in cabinetry & floating shelves, flowing seamlessly into the dining area & kitchen for easy everyday living & entertaining. Quartz countertops, an island with bar seating, crisp white cabinetry with pullout drawers, stainless steel appliances, a stylish tile backsplash, & a pantry make the kitchen as functional as it is inviting. A convenient half bath completes the main level. Upstairs, the large primary bedroom offers a relaxing retreat with an ensuite bath featuring a dual vanity, frameless glass shower, & a generous walk-in closet with built-ins. A spacious tiled balcony invites you to savor your morning coffee, unwind with a favorite book, or enjoy an evening drink in the fresh air. Enjoy walking distance to trails, parks, & exceptional restaurants, with live music & weekend activities close to home. As an added bonus, short-term, mid-term, & long-term rentals are permitted (buyer to perform due diligence).

At $205/sqft, this home is 10% 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

308 Adams St, Georgetown, TX 78628

Property Details

Price $449,900
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 2,192 sqft
Lot Size 0.03 acres (1,285.02 sqft)
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Townhouse
Subdivision The Brownstone at the Summit
County Williamson
Zip Code 78628
$/sqft $205/sqft
Days on Market ,
HOA $125/Monthly
Annual Tax Est. $7,945.09
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249368689
List Date October 9, 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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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
2303 Dawn Dr
Williams Add
$454,900 $277 3 bd / 2 ba 1,640 sqft , 2026-03-28
332 Adams St
The Brownstone at the Summit
$429,999 $241 3 bd / 3 ba 1,783 sqft , 2026-08-27
311 Harmony Ln
Oakcrest Ranchettes Unit 03
$479,000 $269 3 bd / 2 ba 1,781 sqft , 2026-07-11
3005 Parker Dr
River Bend 05 Ph 04
$400,000 $213 3 bd / 3 ba 1,876 sqft , 2026-10-21
802 N Myrtle St
North Georgetown Add
$375,000 $223 3 bd / 2 ba 1,685 sqft , 2026-09-30

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
$2,160/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
$89,980
20% conventional investment loan

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

Estimated Gross Rent+$2,160
Principal + Interest−$2,455
Property Tax (assumed ~2.1%)−$787
Insurance (assumed ~0.5%)−$187
Est. Monthly Cash Flow $-1,269

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 25, 2026.

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

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