Active Listing  ·  66 days on market

314 Ridge View Dr

Georgetown, TX 78628
$850,000
4 Bed 4 Bath 3,089 sqft $275/sqft Built 2004 1.33 acres 2-Car Garage Pool Gabriels Overlook Sec 01

314 Ridge View Dr sits on 1.33 acres in gated Gabriel's Overlook, set back along a long circular drive framed by mature trees. This 4 bed, 3.5 bath, 3,089 sf home pairs classic Texas limestone architecture with a remodeled interior, generous gathering spaces, privacy, and flexibility.

Two-story living room ceilings, an upper gallery, oversized windows, and wood-look tile create an impressive main living space. The remodeled kitchen features a large quartz island, dark cabinetry, warm wood accents, statement range hood, double ovens, and generous seating. A dedicated office and dining room add versatility. The downstairs primary suite has a remodeled bath with oversized frameless shower, floor-to-ceiling tile, multiple fixtures, and rain shower head.

Upstairs offers three bedrooms plus a second living area. Two bedrooms share a Jack & Jill bath, while the third has access to a separate full hall bath.

Starlink wiring with roof mount, generator hookup, and Guardian security system add impressive functionality, including app controls, keypad, six exterior cameras, doorbell camera, and glass-break monitoring.

A cedar-shaded front yard, 2025 covered patio, extra parking, camper space, and storage shed make excellent use of the acreage. The detached 2-car garage has painted walls and ceiling plus recent epoxy flooring. Riding mower conveys, and the Pit Boss 850 Pellet Smoker can stay at buyer's discretion.

The Hwy 29 and Ronald Reagan corridor continues to grow with restaurants, retail, and new development, adding to the area's long-term appeal. With 1.33 acres, gated privacy, San Gabriel River access, thoughtful updates, and Downtown Georgetown nearby, 314 Ridge View Dr brings together space, function, and an easy Georgetown lifestyle, worth seeing in person.

At $275/sqft, this home is priced 22% above the Georgetown active market average of $226/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

314 Ridge View Dr, Georgetown, TX 78628

Property Details

Price $850,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,089 sqft
Lot Size 1.33 acres (58,109.04 sqft)
Year Built 2004
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Gabriels Overlook Sec 01
County Williamson
Zip Code 78628
$/sqft $275/sqft
Days on Market ,
HOA $810/Annually
Annual Tax Est. $13,505
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT211277231
List Date August 18, 2026
Elementary School Rancho Sienna
Middle School Santa Rita Middle
High School Legacy Ranch
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 · August 18, 2026 $864,999
Current ask $850,000
▼ Reduced $14,999 (-1.7%) 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
209 Park Place Dr
Gabriels Overlook Sec 01
$850,000 $240 4 bd / 4 ba 3,543 sqft , 2026-07-13
124 Summer Oak Ct
Gabriels Overlook Sec 02
$890,000 $254 5 bd / 4 ba 3,506 sqft , 2026-04-10
116 Oak Plaza Dr
Gabriels Overlook
$750,000 $249 3 bd / 3 ba 3,013 sqft , 2025-11-07
600 Lake Side Cv
Gabriels Overlook Sec 1
$740,000 $218 4 bd / 3 ba 3,397 sqft , 2026-04-09
200 Park Place Dr
Gabriels Overlook Sec 01
$721,000 $237 5 bd / 3 ba 3,045 sqft , 2026-10-08

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
$4,080/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
$170,000
20% conventional investment loan

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

Estimated Gross Rent+$4,080
Principal + Interest−$4,639
Property Tax (~2.1% TX avg)−$1,488
Insurance (~0.5%)−$354
Est. Monthly Cash Flow $-2,401

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 October 21, 2026.

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