Active Listing  ·  125 days on market

317 Frederick Dr

Georgetown, TX 78626
$299,000
3 Bed 3 Bath 1,901 sqft $157/sqft Built 2019 0.20 acres 2-Car Garage Pool Fairhaven

This beautifully maintained home is nestled on a spacious cul-de-sac lot in the desirable Fairhaven subdivision. This 3-bedroom home offers a lot of space and functionality with the upstairs loft area. This can be used as a play area, office, or media area. This move-in-ready property features fresh interior paint, updated fixtures, a new roof, and thoughtful upgrades throughout. The Washer and Dryer convey. The large lot offers plenty of room to enjoy outdoor living, while the sprinkler system helps keep the yard looking its best year-round. A reinforced steel utility shed provides additional storage and functionality. Amenities include a Playground, Walking trail, Ping Pong, Large Pavillion, Pickleball Court, Resort-style Pool, and Gas cooking Stations.

At $157/sqft, this home is 31% 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

317 Frederick Dr, Georgetown, TX 78626

Property Details

Price $299,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,901 sqft
Lot Size 0.20 acres (8,677.15 sqft)
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Fairhaven
County Williamson
Zip Code 78626
$/sqft $157/sqft
Days on Market ,
HOA $75/Monthly
Annual Tax Est. $8,284.99
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232490205
List Date June 5, 2026
Elementary School James E Mitchell
Middle School Wagner
High School East View
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 · June 5, 2026 $350,000
Previous ask $299,900
Current ask $299,000
▼ Reduced $51,000 (-14.6%) 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
504 Old Peak Rd
Pinnacle Ph 02
$299,990 $190 3 bd / 3 ba 1,582 sqft , 2026-07-27
606 Old Peak Rd
Pinnacle Ph 02
$299,990 $182 3 bd / 2 ba 1,646 sqft , 2026-07-31
1109 Fairhaven Gtwy
Fairhaven
$299,999 $159 3 bd / 3 ba 1,892 sqft , 2026-06-18
228 Avalanche Ave
Pinnacle Ph 01
$305,000 $171 4 bd / 2 ba 1,787 sqft , 2026-05-18
324 Avalanche Ave
Pinnacle
$308,222 $161 4 bd / 3 ba 1,918 sqft , 2026-05-01

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
$1,435/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
$59,800
20% conventional investment loan

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

Estimated Gross Rent+$1,435
Principal + Interest−$1,632
Property Tax (~2.1% TX avg)−$523
Insurance (~0.5%)−$125
Est. Monthly Cash Flow $-845

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 7, 2026.

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