Active Listing  ·  273 days on market

318 Ridge Run Dr

Georgetown, TX 78628
$525,000
3 Bed 3 Bath 2,701 sqft $194/sqft Built 1998 0.32 acres 3-Car Garage Pool River Ridge

Tucked into the established River Ridge community, this Georgetown home offers something increasingly rare. Space. Nature. And a true neighborhood feel where people slow down, wave hello, and make memories. Set on an oversized 0.316-acre corner lot, tall trees provide shade while kids ride bikes and neighbors stroll toward the nearby San Gabriel River. Trails, parks, and outdoor adventure are just steps away, yet everyday conveniences remain close at hand.

The home blends traditional charm with much flexibility. Large windows and tall ceilings invite natural light and connect the indoors to the peaceful surroundings outside. The main living room centers around a cozy fireplace and flows seamlessly into the kitchen, creating a warm and welcoming gathering space. The kitchen is designed for daily life and entertaining alike, featuring a five-burner gas cooktop, stainless steel appliances, generous counter and cabinet space, and a bright breakfast nook overlooking the backyard. Multiple living areas offer room to adapt as life changes. A loft upstairs, a dedicated office, and a formal dining space can easily serve as a playroom, music room, craft space, or additional bedroom if needed. The spacious primary suite with private balcony and views framed by mature trees feels like a retreat. Enjoy a large walk-in closet and a bright ensuite bath with dual vanities, soaking tub, and separate shower. Outside, the backyard offers endless possibilities. There is room for a pool, garden, games, or quiet evenings on the extended patio, partially covered for year-round enjoyment. Located minutes from shopping, dining, schools, hospitals, and major roadways, with downtown Georgetown’s historic square, San Gabriel Park, Lake Georgetown, and the Texas Hill Country all nearby. This is a place where life unfolds naturally. Where memories are made. And where it’s easy to see yourself at home.

At $194/sqft, this home is 15% below the Georgetown active market average of $227/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

318 Ridge Run Dr, Georgetown, TX 78628

Property Details

Price $525,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,701 sqft
Lot Size 0.32 acres (13,773.67 sqft)
Year Built 1998
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision River Ridge
County Williamson
Zip Code 78628
$/sqft $194/sqft
Days on Market ,
HOA $19/Monthly
Annual Tax Est. $6,500
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT210927943
List Date November 4, 2025
Elementary School Wolf Ranch Elementary
Middle School James Tippit
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.

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 · November 4, 2025 $545,000
Current ask $525,000
Reduced $20,000 (-3.7%) 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
1204 Addison Ln
Wolf Ranch West Sec 1Bg
$525,000 $263 4 bd / 3 ba 1,997 sqft , 2026-04-08
5012 Yucca Bloom Dr
Teravista Sec 326
$525,000 $208 4 bd / 4 ba 2,524 sqft , 2026-04-29
416 Crescent Heights Dr
Crescent Bluff Sec 4B
$525,000 $222 4 bd / 3 ba 2,367 sqft , 2026-05-06
68 Rancho Trl
Rancho Sienna Ph 2 Sec 12A
$525,000 $223 4 bd / 3 ba 2,350 sqft , 2026-07-09
1013 Painted Horse Dr
Broken Oak
$525,000 $226 3 bd / 3 ba 2,323 sqft , 2026-07-29

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
$2,520/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
$105,000
20% conventional investment loan

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

Estimated Gross Rent+$2,520
Principal + Interest−$2,865
Property Tax (~2.1% TX avg)−$919
Insurance (~0.5%)−$219
Est. Monthly Cash Flow $-1,483

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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