Active Listing  ·  52 days on market

308 Ashwood Ln

Georgetown, TX 78628
$749,500
4 Bed 3 Bath 3,058 sqft $245/sqft Built 1980 1.16 acres 2-Car Garage Pool Oakcrest Ranchettes Unit 03

Space, privacy, and no HOA, in one of Georgetown’s most sought-after acreage communities.

Tucked at the end of a quiet cul-de-sac in Oakcrest Ranchettes, this renovated single-story home sits on 1.16 acres. Its 3,058 square feet include four bedrooms, two and a half baths, and a bonus room. The 2022-23 renovation brought modern comfort to the whole house.

The open floor plan centers on a chef-ready kitchen, with a large island, island cooktop, double oven, microwave, and a coffee bar. It flows into a family room with a vaulted ceiling, a wood-burning stone fireplace, and double glass doors that fill the space with natural light.

The private primary suite opens directly to the back porch. It has its own split-unit A/C and a bath with an oversized shower and double vanity.

Outside, the acreage gives you room for garden, workshop, pets, play space, entertaining and much more!. There’s no HOA, and the property taxes are well below what many new-construction neighborhoods carry.

The location puts you less than a mile from the San Gabriel River, Chandler Park, and the Georgetown Country Club, with Georgetown ISD schools and the downtown square nearby.

Updated acreage living with no HOA is rare in Georgetown. Schedule your private showing today.

At $245/sqft, this home is priced 7% above the Georgetown active market average of $228/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

308 Ashwood Ln, Georgetown, TX 78628

Property Details

Price $749,500
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 3,058 sqft
Lot Size 1.16 acres (50,529.6 sqft)
Year Built 1980
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Oakcrest Ranchettes Unit 03
County Williamson
Zip Code 78628
$/sqft $245/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,132
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247516888
List Date September 21, 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.

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
1209 Moonlight Terrace Dr
Wolf Ranch West Ph 1 Sec 3
$725,000 $227 3 bd / 3 ba 3,198 sqft , 2026-10-14
312 Southcross Rd
Oakcrest Ranchettes Unit 03
$780,000 $285 4 bd / 3 ba 2,737 sqft , 2026-09-03
2719 Springwood Ln
Falls of San Gabriel
$785,000 $223 4 bd / 4 ba 3,520 sqft , 2026-05-27
1014 Country Club Rd
Country Club
$699,000 $290 3 bd / 3 ba 2,407 sqft , 2026-07-03
112 Barefoot Park Ln
Wolf Ranch
$698,500 $254 3 bd / 3 ba 2,746 sqft , 2026-09-18

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
$3,598/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
$149,900
20% conventional investment loan

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

Estimated Gross Rent+$3,598
Principal + Interest−$4,090
Property Tax (assumed ~2.1%)−$1,312
Insurance (assumed ~0.5%)−$312
Est. Monthly Cash Flow $-2,116

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 23, 2026.

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

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