Active Listing  ·  82 days on market

341 Peace Pipe Way

Georgetown, TX 78628
$390,000
4 Bed 2 Bath 1,749 sqft $223/sqft Built 2021 0.13 acres 2-Car Garage Pool Riverview

The old adage that "they don't build them like they used to" comes to mind here! This phenomenal greenbelt home has features that are no longer included by the builder, including: 10' ceilings, 8' interior/exterior doors, full slider window at covered patio (for more natural light), silestone counters, waterfall faucets, frameless shower glass, framed mirrors and more!. This one owner home was upgraded by removing all carpet and adding LVP throughout plus a water softener. Other features include stainless steel appliance, 42" white cabinets, sprinkler system and a recent roof with Class 3 impact resistant shingles. Explore all there is to love about Georgetown with nearby San Gabriel River, Wolf Ranch, HEB and the Georgetown Square.

At $223/sqft, this home is 3% below the Georgetown active market average of $229/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

341 Peace Pipe Way, Georgetown, TX 78628

Property Details

Price $390,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,749 sqft
Lot Size 0.13 acres (5,771.7 sqft)
Year Built 2021
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Riverview
County Williamson
Zip Code 78628
$/sqft $223/sqft
Days on Market ,
HOA $175/Quarterly
Annual Tax Est. $9,451.93
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT235455722
List Date July 3, 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 · July 3, 2026 $400,000
Previous ask $395,000
Current ask $390,000
Reduced $10,000 (-2.5%) 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
1201 Lavender Way
Heights at San Gabriel
$389,990 $255 4 bd / 2 ba 1,531 sqft , 2026-05-12
313 Peace Pipe Way
Shadow Canyon Ph 2
$389,000 $166 4 bd / 3 ba 2,345 sqft , 2026-08-24
644 Peace Pipe Way
RIVERVIEW
$399,000 $169 4 bd / 3 ba 2,361 sqft , 2026-08-27
105 Rough Creek Rd
Wolf Ranch
$400,000 $254 3 bd / 2 ba 1,574 sqft , 2026-09-16
212 Flint Mountain Rd
WOLF RANCH - CLAREMONT
$375,000 $186 4 bd / 3 ba 2,021 sqft , 2026-06-18

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
$1,872/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
$78,000
20% conventional investment loan

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

Estimated Gross Rent+$1,872
Principal + Interest−$2,128
Property Tax (~2.1% TX avg)−$683
Insurance (~0.5%)−$163
Est. Monthly Cash Flow $-1,102

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 19, 2026.

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