Active Listing  ·  59 days on market

3408 Emerald Lake Path

Georgetown, TX 78628
$799,990
4 Bed 4 Bath 2,702 sqft $296/sqft Built 2025 0.28 acres 3-Car Garage Pool New Construction Riverstone

This beautifully designed Aransas plan offers over $140,000 in structural and interior upgrades, delivering high-end finishes and exceptional livability. With 4 bedrooms, 3.5 baths, a dedicated office, and a 3-car garage, the layout is open, functional, and full of natural light thanks to expansive exterior glass and open sight lines. The heart of the home features a large living area that flows into a sprawling outdoor living space, perfect for entertaining. The luxurious primary suite…

At $296/sqft, this home is priced 31% 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

3408 Emerald Lake Path, Georgetown, TX 78628

Property Details

Price $799,990
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,702 sqft
Lot Size 0.28 acres (11,979 sqft)
Year Built 2025
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Riverstone
County Williamson
Zip Code 78628
$/sqft $296/sqft
Days on Market ,
HOA $50/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT244477665
List Date August 24, 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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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
3332 Emerald Lake Path
Riverstone
$795,990 $277 4 bd / 4 ba 2,872 sqft , 2025-08-20
3608 Emerald Lake Path
Riverstone
$899,000 $287 4 bd / 4 ba 3,132 sqft , 2026-07-01
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

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
$3,840/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
$159,998
20% conventional investment loan

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

Estimated Gross Rent+$3,840
Principal + Interest−$4,366
Property Tax (~2.1% TX avg)−$1,400
Insurance (~0.5%)−$333
Est. Monthly Cash Flow $-2,259

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 August 25, 2026.

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