About This Home

This beautiful South facing Jester plan has over $118,000 in options included. A 1-story home with 9–12-foot ceilings, oversized 3-car garage and has 4 bedrooms, 3.5 baths + Study. The gourmet kitchen with canopy hood includes high end appliances, cooktop, under cabinet lighting and more. The luxury owners’ bath has a freestanding tub, walk in shower with tile floor and quartz double vanity. The 3 panel sliding doors opens the living area to the extended covered patio for an amazing entertaining area. Incredible tax rate of 1.82%......Truly just a wonderful place to call home!

At $277/sqft, this home is priced 23% 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

3332 Emerald Lake Path, Georgetown, TX 78628

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Property Details

Price $795,990

Status Active Listing

Beds 4

Full Baths 3

Half Baths 1

Living Area 2,872 sqft

Lot Size 0.30 acres (12,980.88 sqft)

Year Built 2025

Garage 3 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Riverstone

County Williamson

Zip Code 78628

$/sqft $277/sqft

Days on Market ,

HOA $50/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT205132387

List Date August 20, 2025

Elementary School Wolf Ranch Elementary

Middle School James Tippit

High School East View

School District ,

Have Questions About This Property?

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 20, 2025 $877,990

Previous ask $806,990

Current ask $795,990

▼ Reduced $82,000 (-9.3%) 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

3408 Emerald Lake Path
Riverstone $799,990 $296 4 bd / 4 ba 2,702 sqft , 2026-08-24

216 Moria Ct
Heights at San Gabriel $699,990 $241 4 bd / 3 ba 2,903 sqft , 2025-10-07

105 Plumfield Cv
Heights/San Gabriel Ph 1 $699,810 $192 5 bd / 5 ba 3,644 sqft , 2026-10-22

129 Bear Paw Run
Riverview $699,000 $235 4 bd / 3 ba 2,980 sqft , 2026-10-17

3608 Emerald Lake Path
Riverstone $899,000 $287 4 bd / 4 ba 3,132 sqft , 2026-07-01

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

$3,821/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

$159,198

20% conventional investment loan

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

Estimated Gross Rent+$3,821

Principal + Interest−$4,344

Property Tax (~2.1% TX avg)−$1,393

Insurance (~0.5%)−$332

Est. Monthly Cash Flow $-2,248

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 →

About the Author

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 August 14, 2026.

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

3332 Emerald Lake Path

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Georgetown, TX

More Luxury Homes in Georgetown

3332 Emerald Lake Path

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Georgetown, TX

More Luxury Homes in Georgetown

Explore Austin Real Estate