Active Listing  ·  268 days on market

312 River Overlook Rd

Georgetown, TX 78628
$650,900
4 Bed 4 Bath 2,942 sqft $221/sqft Built 2026 0.23 acres 3-Car Garage Pool Wolf Ranch
312 River Overlook Rd, photo 1
312 River Overlook Rd, photo 2
312 River Overlook Rd, photo 3

About This Home

Welcoming entry framed by home office with French doors. Generous family room extends to kitchen and dining area. Island kitchen with built-in seating space, a 5-burner gas cooktop and corner walk-in pantry. Primary suite offers a large wall of windows. Primary bathroom hosts a double door entry, dual vanities, freestanding tub, separate enclosed shower, two walk-in closets and a private entry to the utility room. Guest suite with full bathroom and walk-in closet. Secondary bedrooms feature walk-in closets. Extended covered backyard patio. Mud room off the three-car garage with additional garage bay space.

At $221/sqft, this home is priced in line with the Georgetown market average of $226/sqft across 1,226 active listings. View Austin market report →

Location

312 River Overlook Rd, Georgetown, TX 78628

Open in Google Maps ↗ Get Directions ↗

Property Details

Price $650,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,942 sqft
Lot Size 0.23 acres (10,193.04 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Wolf Ranch
County Williamson
Zip Code 78628
$/sqft $221/sqft
Days on Market ,
HOA $1,067/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT217681513
List Date January 28, 2026
Elementary School Wolf Ranch Elementary
Middle School James Tippit
High School East View
School District ,

Have Questions About This Property?

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 · January 28, 2026 $809,900
Previous ask $649,900
Current ask $650,900
▼ Reduced $159,000 (-19.6%) 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
132 Timber Glen Ln
Wolf Ranch West Sec 2G $649,990 $259 4 bd / 3 ba 2,510 sqft , 2026-08-13
1524 Rodeo Ridge Dr
Wolf Ranch $654,900 $212 4 bd / 3 ba 3,095 sqft , 2025-06-19
420 River Overlook Rd
Wolf Ranch $644,900 $219 4 bd / 4 ba 2,942 sqft , 2026-01-28
2319 Fielder Dr
Bluff Haven $659,990 $249 3 bd / 3 ba 2,651 sqft , 2026-04-18
200 Ashmore Ln
Wolf Ranch $625,000 $200 4 bd / 5 ba 3,132 sqft , 2026-06-17

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
$3,124/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
$130,180
20% conventional investment loan

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

Estimated Gross Rent+$3,124
Principal + Interest−$3,552
Property Tax (~2.1% TX avg)−$1,139
Insurance (~0.5%)−$271
Est. Monthly Cash Flow $-1,838

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 →

Explore Austin Real Estate

Austin Luxury Homes Sell a Luxury Home Homes with Pool Sell Home Over $2M Investment Properties Rental Properties 1031 Exchange Austin BRRRR Method Austin Austin Market Report Contact Luke Allen
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 October 20, 2026.

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