Active Listing  ·  18 days on market

3101 Rabbit Creek Dr

Georgetown, TX 78626
$539,900
4 Bed 3 Bath 2,637 sqft $205/sqft Built 2017 0.15 acres 2-Car Garage Pool Teravista Ph 1 Sec 401

Welcome to 3101 Rabbit Creek Drive, a beautifully designed modern home located on a quiet cul-de-sac street in the highly desirable Teravista community. Offering approximately 2,637 square feet, 4 bedrooms, 2.5 baths, a dedicated office, a spacious bonus room, and a 2-car garage, this thoughtfully planned home combines comfort, flexibility, and style. The open-concept floor plan is filled with natural light and highlighted by vaulted ceilings, dramatic floor-to-ceiling windows, and generous living spaces ideal for both everyday living and entertaining. The kitchen is open to the main living area, creating an inviting setting for gatherings and features white shaker style cabinets, Granite counters and stainless steel appliances. The large bonus room offers additional flexibility for a game room, media room, fitness space, or second living area. The luxurious primary suite is conveniently located on the main level and features a spa-inspired bath with a soaking tub, separate walk-in shower, dual vanities, and a large walk-in closet. 3 additional bedrooms provide comfortable accommodations for guests, or additional workspace. Another large room upstairs is perfect for hobbies or crafts. Step outside to a large backyard that backs to community green space, giving added feeling of separation and a peaceful natural backdrop. The covered patio and extended flatwork provide plenty of room for grilling, dining, entertaining, or simply relaxing outdoors. The wooden playscape, stainless steel refrigerator, washer, dryer and new water softener all convey, making this home truly move-in ready. Teravista residents enjoy an exceptional array of amenities, including 3 swimming pools, scenic walking and biking trails, tennis courts, a golf course, parks, playgrounds, and a splash pad (which is at the end of this street). With its versatile layout, private backyard setting, and outstanding community amenities, this home offers the space and lifestyle today’s buyers are looking for.

At $205/sqft, this home is 8% 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

3101 Rabbit Creek Dr, Georgetown, TX 78626

Property Details

Price $539,900
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,637 sqft
Lot Size 0.15 acres (6,534 sqft)
Year Built 2017
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Teravista Ph 1 Sec 401
County Williamson
Zip Code 78626
$/sqft $205/sqft
Days on Market ,
HOA $91.5/Monthly
Annual Tax Est. $10,306.59
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240568587
List Date August 5, 2026
Elementary School Carver
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.

Schedule a Call →

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 · August 5, 2026 $550,000
Current ask $539,900
Reduced $10,100 (-1.8%) 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
6117 LAKE TERAVISTA Way
TERAVISTA
$539,900 $223 4 bd / 3 ba 2,420 sqft , 2026-06-12
5012 Yucca Bloom Dr
Teravista Sec 326
$525,000 $208 4 bd / 4 ba 2,524 sqft , 2026-04-29
1217 Daylily Loop
Teravista Sec 322a Ph 2
$525,000 $175 4 bd / 4 ba 3,008 sqft , 2026-08-14
1309 Daylily Loop
Teravista Sec 322A Ph 2
$525,000 $186 4 bd / 3 ba 2,824 sqft , 2026-08-22
112 Coral Bean Way
Teravista
$499,900 $202 4 bd / 3 ba 2,471 sqft , 2026-05-15

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
$2,592/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
$107,980
20% conventional investment loan

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

Estimated Gross Rent+$2,592
Principal + Interest−$2,946
Property Tax (~2.1% TX avg)−$945
Insurance (~0.5%)−$225
Est. Monthly Cash Flow $-1,524

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

More Luxury Homes in Georgetown

Loading…
View All Luxury Homes →
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 13, 2026.

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