Active Listing  ·  68 days on market

312 Lightstone Dr

Georgetown, TX 78633
$699,346
5 Bed 5 Bath 3,865 sqft $181/sqft Built 2026 0.27 acres 3-Car Garage Pool New Construction Parmer Ranch

MOVE IN READY! Westin Homes NEW Construction (Carter IX, Elevation KA) This beautiful two-story home features 5 bedrooms and 4.5 bathrooms, highlighted by a breathtaking rotunda entry that leads into a spacious family room, elegant formal dining room, and private study. The chef-inspired kitchen with a large island opens seamlessly to the family room, creating the perfect space for gathering and entertaining. The first-floor primary suite offers a luxurious retreat with expansive double walk-in closets, while a secondary bedroom on the main level adds comfort and flexibility. Upstairs, three additional bedrooms are accompanied by a generous game room and dedicated media room, ideal for recreation and relaxation. An attached three-car garage provides convenience, while outdoor living is made complete with a covered patio. Just minutes from the historic Georgetown Square, Parmer Ranch offers a prime location in the rolling Texas Hill Country with amenities such as Parmer Park, a community pool, Water Wonderland pool, zip line, and more—making it a wonderful place to call home. Visit Westin Homes today to learn more about Parmer Ranch!

At $181/sqft, this home is 21% below the Georgetown active market average of $229/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

312 Lightstone Dr, Georgetown, TX 78633

Property Details

Price $699,346
Status Active Listing
Beds 5
Full Baths 4
Half Baths 1
Living Area 3,865 sqft
Lot Size 0.27 acres (11,543.4 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Parmer Ranch
County Williamson
Zip Code 78633
$/sqft $181/sqft
Days on Market ,
HOA $75/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT240193173
List Date July 16, 2026
Elementary School Jo Ann Ford
Middle School Douglas Benold
High School Georgetown
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.

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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 · July 16, 2026 $814,398
Previous ask $724,346
Current ask $699,346
Reduced $115,052 (-14.1%) 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
109 Packhorse Ln
Parmer Ranch
$699,788 $186 5 bd / 5 ba 3,772 sqft , 2026-07-31
121 Packhorse Ln
Parmer Ranch
$694,819 $180 5 bd / 5 ba 3,865 sqft , 2026-08-14
509 Lightstone Dr
Parmer Ranch
$708,359 $195 5 bd / 5 ba 3,641 sqft , 2026-08-21
109 Buckaroo Dr
Parmer Ranch
$689,899 $182 5 bd / 5 ba 3,800 sqft , 2025-09-10
216 Independence Dr
Mission Oaks Ph 1
$679,000 $249 4 bd / 3 ba 2,726 sqft , 2026-05-22

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
$3,357/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
$139,869
20% conventional investment loan

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

Estimated Gross Rent+$3,357
Principal + Interest−$3,817
Property Tax (~2.1% TX avg)−$1,224
Insurance (~0.5%)−$291
Est. Monthly Cash Flow $-1,975

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 September 21, 2026.

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