Active Listing  ·  155 days on market

317 Essex Ln

Georgetown, TX 78633
$240,000
2 Bed 2 Bath 1,397 sqft $172/sqft Built 2006 0.12 acres 2-Car Garage Pool Sun City Georgetown Neighborhood 33 Pud

At the end of a well lit culdesac and located on a large lot (see plot plan), 317 Essex is a place you'll love to come home to. Recently remodeled, the kitchen features beautiful table-height granite countertops that flow into the main living and dining areas. All appliances are included. The living room opens to a cozy enclosed sunroom. Two spacious bedrooms with LVP flooring add to the airy appeal, the front bath has been updated with a beautiful European style walk-in shower. Primary bedroom boasts a row of windows for natural light and large walk-in closet. The two-car garage offers 480 sq ft (per WCAD). Located in the Landscaped Maintained Home section, you can enjoy all the activities Sun City Georgetown has to offer while being part of the LMH program.

The property is not currently fenced but can be fenced with approval from the Community Standards office.

At $172/sqft, this home is 25% 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

317 Essex Ln, Georgetown, TX 78633

Property Details

Price $240,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,397 sqft
Lot Size 0.12 acres (5,262.05 sqft)
Year Built 2006
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Sun City Georgetown Neighborhood 33 Pud
County Williamson
Zip Code 78633
$/sqft $172/sqft
Days on Market ,
HOA $3,226/Annually
Annual Tax Est. $5,355.8
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT221853005
List Date April 20, 2026
Elementary School NA_Sun_City
Middle School NA_Sun_City
High School NA_Sun_City
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 · April 20, 2026 $265,000
Previous ask $245,000
Current ask $240,000
Reduced $25,000 (-9.4%) 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
102 Portsmouth Dr
Sun City Georgetown Neighborhood 24 B2 Pud
$239,000 $171 2 bd / 2 ba 1,397 sqft , 2026-06-03
333 Portsmouth Dr
Sun City Georgetown Neighborhood 24 B2 Pud
$238,900 $171 2 bd / 2 ba 1,397 sqft , 2026-02-14
334 Portsmouth Dr
Sun City Georgetown Nbrhd 24B2
$235,000 $168 2 bd / 2 ba 1,397 sqft , 2026-07-22
104 Honey Creek Trl
Sun City Georgetown Neighborhood 24B Pud
$249,900 $179 2 bd / 2 ba 1,397 sqft , 2026-04-04
516 Texas Dr
Sun City Georgetown Ph 04A Neighborhood 15 Pu
$258,500 $195 2 bd / 2 ba 1,328 sqft , 2026-03-24

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
$1,152/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
$48,000
20% conventional investment loan

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

Estimated Gross Rent+$1,152
Principal + Interest−$1,310
Property Tax (~2.1% TX avg)−$420
Insurance (~0.5%)−$100
Est. Monthly Cash Flow $-678

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 1, 2026.

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