Active Listing  ·  56 days on market

321 Cumberland Cv

Georgetown, TX 78628
$1,200,000
5 Bed 5 Bath 4,796 sqft $250/sqft Built 2021 0.30 acres 3-Car Garage Pool Wolf Ranch West Sub Ph 1 Sec 3

Exceptional privacy, a versatile floor plan, and an entertainer’s backyard define this 5-bedroom, 4.5-bath home in Wolf Ranch. Situated on a cul-de-sac with only one neighboring home, the property backs and sides to wooded greenbelt and enjoys wooded views across the street. Inside, soaring vaulted ceilings, a dramatic floor-to-ceiling fireplace, expansive windows, $30K in automatic blinds throughout and elevated finishes create a bright, open living space. The kitchen features an oversized waterfall island, generous cabinetry, stainless appliances, a butler’s pantry, and walk-in pantry. The highly functional layout offers three bedrooms on the main level, including the primary suite, plus a dedicated downstairs office. The primary bath features a separate soaking tub and large walk-in shower. Upstairs are two additional bedrooms, a second living area, and media room, providing excellent separation and flexibility. The outdoor living space is one of the home’s signature features. An oversized covered patio opens to an expansive turf backyard surrounded by mature trees and greenbelt. Built-in seating, multiple entertaining areas, and ambient outdoor lighting create a private setting for enjoying the outdoors with minimal lawn maintenance. A tandem-style 3-car garage provides additional parking and storage. Solar panels for energy efficiency. Located in highly sought-after Wolf Ranch with access to extensive neighborhood amenities and just minutes from Downtown Georgetown, shopping, dining, and entertainment, 321 Cumberland Cove offers an uncommon combination of space, privacy, upscale finishes, and indoor-outdoor living.

At $250/sqft, this home is priced 11% 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

321 Cumberland Cv, Georgetown, TX 78628

Property Details

Price $1,200,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths 1
Living Area 4,796 sqft
Lot Size 0.30 acres (13,046.22 sqft)
Year Built 2021
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Wolf Ranch West Sub Ph 1 Sec 3
County Williamson
Zip Code 78628
$/sqft $250/sqft
Days on Market ,
HOA $1,200/Annually
Annual Tax Est. $25,814.01
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244502410
List Date August 27, 2026
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.

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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 27, 2026 $1,250,000
Current ask $1,200,000
▼ Reduced $50,000 (-4.0%) 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
100 Barefoot Park Ln
Wolf Ranch West
$1,049,000 $239 5 bd / 5 ba 4,383 sqft , 2025-10-03
112 Springhouse Rd
Wolf Ranch West Ph 2 Sec 3
$900,000 $237 5 bd / 5 ba 3,802 sqft , 2026-07-08
124 Silverwood Trl
Wolf Ranch West Ph 2 Sec 3
$899,900 $233 4 bd / 4 ba 3,866 sqft , 2026-09-11
413 Summerhill Ln
Wolf Ranch West Ph 2 Sec 3
$825,000 $173 5 bd / 6 ba 4,759 sqft , 2026-09-10

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
$5,760/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
$240,000
20% conventional investment loan

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

Estimated Gross Rent+$5,760
Principal + Interest−$6,549
Property Tax (~2.1% TX avg)−$2,100
Insurance (~0.5%)−$500
Est. Monthly Cash Flow $-3,389

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 8, 2026.

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