Active Listing  ·  99 days on market

320 Lazy Creek Dr

Georgetown, TX 78628
$998,000
4 Bed 3 Bath 3,287 sqft $304/sqft Built 2026 1.00 acres 3-Car Garage Pool New Construction Ridge/Cross Crk Ph 4

Don’t miss one of the last opportunities to own a home in The Ridge at Cross Creek! This stunning new custom home sits on a tree covered 1 acre lot. The 4-bedroom, 3 bathroom masterpiece features a bright, open floor plan highlighted by massive picture windows, rich wood flooring, and custom cabinetry. The gourmet kitchen boasts premium quartz countertops and upgraded tile, perfect for culinary enthusiasts. Enjoy a dedicated study, a large game room, and an oversized 3-car garage. Designed for entertaining, the seamless indoor-outdoor flow leads to a spacious covered patio. Zoned to highly-rated LHISD with one of the lowest tax rates in the area. Don't miss this rare blend of luxury, space, and community!

At $304/sqft, this home is priced 35% 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

320 Lazy Creek Dr, Georgetown, TX 78628

Property Details

Price $998,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 3,287 sqft
Lot Size 1.00 acres (43,586.14 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Ridge/Cross Crk Ph 4
County Williamson
Zip Code 78628
$/sqft $304/sqft
Days on Market ,
HOA $375/Annually
Annual Tax Est. $3,886.14
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT239832179
List Date July 16, 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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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
401 Jates Field Bnd
Santa Rita Ranch
$997,844 $269 4 bd / 6 ba 3,709 sqft , 2026-05-26
268 Jates Field Bnd
Santa Rita Ranch
$999,250 $269 4 bd / 6 ba 3,709 sqft , 2026-03-20
316 Valletta Way
Santa Rita Ranch Ph 4 Sec 2
$899,900 $222 5 bd / 6 ba 4,048 sqft , 2026-07-09
256 Jates Field Bnd
Santa Rita Ranch
$874,547 $241 4 bd / 5 ba 3,629 sqft , 2026-04-17
107 Pima Ct
Toll Brothers at Santa Rita Ranch
$849,000 $217 4 bd / 5 ba 3,910 sqft , 2026-10-02

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
$4,790/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
$199,600
20% conventional investment loan

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

Estimated Gross Rent+$4,790
Principal + Interest−$5,446
Property Tax (~2.1% TX avg)−$1,747
Insurance (~0.5%)−$416
Est. Monthly Cash Flow $-2,819

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 30, 2026.

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