Active Listing  ·  31 days on market

308 Otto Ave

Georgetown, TX 78626
$324,999
3 Bed 3 Bath 1,892 sqft $172/sqft Built 2019 0.17 acres 2-Car Garage Pool Fairhaven

Welcome to 308 Otto Avenue, where modern comfort, thoughtful design, and exceptional community amenities come together in one of Georgetown's desirable Fairhaven neighborhoods. This beautifully maintained two story home offers 1,892 square feet, 3 bedrooms, 2.5 bathrooms, a versatile upstairs loft, and an open concept floor plan designed for today's lifestyle.

The heart of the home is the spacious kitchen, featuring granite countertops, stainless steel appliances, a pantry, abundant cabinetry, and a generous breakfast area that flows seamlessly into the inviting living room. High ceilings and plentiful natural light create an open, airy atmosphere that is perfect for everyday living and entertaining.

The private primary suite is conveniently located on the main level and offers a spacious walk-in closet, dual vanities, and a large walk-in shower. Upstairs, you'll find two additional bedrooms, each with walk in closets, a full bathroom, and a flexible loft that is ideal for a home office, media room, playroom, or second living area.

Step outside to enjoy the covered back patio overlooking a fully fenced backyard with automatic sprinklers, providing the perfect setting for morning coffee, weekend barbecues, or relaxing evenings.

Residents of Fairhaven enjoy outstanding neighborhood amenities including a resort style community pool, clubhouse, parks, playgrounds, tennis courts, picnic areas, and walking and biking trails. Located within the Georgetown city limits and zoned to Georgetown ISD, including Williams Elementary, Wagner Middle School, and East View High School, this home also offers convenient access to I-35, SH 130, downtown Georgetown, shopping, dining, and major employers.

Move in ready and thoughtfully designed, 308 Otto Avenue is the perfect place to call home. Buyer to independently verify all information, including schools, taxes, square footage, and HOA information.

At $172/sqft, this home is 23% below the Georgetown active market average of $224/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

308 Otto Ave, Georgetown, TX 78626

Property Details

Price $324,999
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,892 sqft
Lot Size 0.17 acres (7,230.96 sqft)
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Fairhaven
County Williamson
Zip Code 78626
$/sqft $172/sqft
Days on Market ,
HOA $75/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240645543
List Date July 23, 2026
Elementary School Williams
Middle School Wagner
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
121 Shiner Ln
Kasper Sec 2
$325,000 $188 4 bd / 2 ba 1,731 sqft , 2026-05-08
501 Naset Dr
WESTHAVEN
$325,000 $161 4 bd / 2 ba 2,020 sqft , 2026-08-04
317 Frederick Dr
Fairhaven
$324,900 $171 3 bd / 3 ba 1,901 sqft , 2026-06-05
457 Galway Bay Ln
Westhaven
$329,000 $187 4 bd / 2 ba 1,763 sqft , 2026-07-05
204 Precipice Way
Pinnacle
$329,900 $167 3 bd / 3 ba 1,972 sqft , 2026-08-21

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
$1,560/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
$65,000
20% conventional investment loan

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

Estimated Gross Rent+$1,560
Principal + Interest−$1,774
Property Tax (~2.1% TX avg)−$569
Insurance (~0.5%)−$135
Est. Monthly Cash Flow $-918

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 August 20, 2026.

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