Active Listing  ·  206 days on market

3104 Canyon River None

Georgetown, TX 78628
$399,990
3 Bed 2 Bath 1,853 sqft $216/sqft Built 2026 0.16 acres 2-Car Garage Pool New Construction Heights at San Gabriel

MLS# 5252255 - Built by Century Communities - Ready Now! ~ The popular single-story Pinion at Heights at San Gabriel blends open-concept living with private relaxation. Toward the front of the home, two secondary bedrooms share access to a full hall bathroom. A third bedroom can also function as a versatile flex room, providing the perfect space for a personal library, craft room or quiet study. Designed for everyday convenience, a spacious kitchen provides ample pantry, cabinet and counter space. A generous great room and charming dining area hug the kitchen for a seamless flow between spaces. Toward the back of the home, a secluded primary suite boasts a roomy walk-in closet and a private bath.

At $216/sqft, this home is 5% 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

3104 Canyon River None, Georgetown, TX 78628

Property Details

Price $399,990
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,853 sqft
Lot Size 0.16 acres (6,926.04 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Heights at San Gabriel
County Williamson
Zip Code 78628
$/sqft $216/sqft
Days on Market ,
HOA $95/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT227052835
List Date April 20, 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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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 · April 20, 2026 $433,765
Previous ask $437,590
Current ask $399,990
▼ Reduced $33,775 (-7.8%) 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
112 Cherry Sage Cv
Water Oak
$399,000 $258 3 bd / 2 ba 1,546 sqft , 2026-09-24
205 Indian Shoal Dr
Shadow Canyon Ph 2
$419,000 $217 3 bd / 2 ba 1,934 sqft , 2026-07-15
341 Peace Pipe Way
Riverview
$379,900 $217 4 bd / 2 ba 1,749 sqft , 2026-07-03
517 Peace Pipe Way
Riverview
$375,000 $244 3 bd / 2 ba 1,535 sqft , 2026-09-30
1201 Lavender Way
Heights at San Gabriel
$372,990 $244 4 bd / 2 ba 1,531 sqft , 2026-05-12

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
$1,920/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
$79,998
20% conventional investment loan

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

Estimated Gross Rent+$1,920
Principal + Interest−$2,183
Property Tax (assumed ~2.1%)−$700
Insurance (assumed ~0.5%)−$167
Est. Monthly Cash Flow $-1,130

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 November 4, 2026.

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

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