Active Listing  ·  23 days on market

3423 Bluebonnet Trl

Georgetown, TX 78628
$385,000
3 Bed 2 Bath 1,750 sqft $220/sqft Built 1984 0.25 acres 2-Car Garage Pool Reata Trls Un 02

Situated on a spacious quarter-acre corner lot in one of Georgetown's established neighborhoods, this beautifully updated 3-bedroom, 2-bath home offers the perfect combination of space, convenience, and flexibility. With approximately 1,750 square feet, the thoughtfully designed floorplan includes a dedicated office, making it ideal for working from home, hobbies, or an additional flex space. Recent updates throughout give the home a fresh, move-in-ready feel while maintaining its welcoming character. Step outside to enjoy one of the property's standout features—a private backyard shaded by mature trees and finished with low-maintenance turf, creating an inviting space for entertaining, relaxing, or letting pets play year-round. Additional highlights include a two-car garage, a large corner lot with plenty of outdoor space, and the freedom of no HOA. Located just minutes from Georgetown's historic downtown, shopping, dining, parks, and major commuter routes, this home offers both convenience and charm. Ask about lower rate options available - to match new builder rates!

At $220/sqft, this home is 3% below the Georgetown active market average of $227/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

3423 Bluebonnet Trl, Georgetown, TX 78628

Property Details

Price $385,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,750 sqft
Lot Size 0.25 acres (11,020.68 sqft)
Year Built 1984
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Reata Trls Un 02
County Williamson
Zip Code 78628
$/sqft $220/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,091.31
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237790711
List Date July 12, 2026
Elementary School Frost
Middle School Douglas Benold
High School Georgetown
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.

Schedule a Call →

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 12, 2026 $393,000
Current ask $385,000
Reduced $8,000 (-2.0%) 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
1730 Candee St
Old Mill Village
$385,000 $333 3 bd / 2 ba 1,155 sqft , 2026-02-05
915 Apache Mountain Ln
Sun City Texas Neighborhood 51 Pud
$385,000 $225 2 bd / 2 ba 1,712 sqft , 2026-01-19
941 Legends Ln
Wolf Ranch
$385,000 $190 4 bd / 3 ba 2,021 sqft , 2026-06-18
207 Red Poppy Trl
Sun City Georgetown Ph 02 Neighborhood 10 Pud
$385,000 $191 2 bd / 2 ba 2,012 sqft , 2026-06-25
112 Trailing Lantana Dr #G
Gardens/Verde Vista
$384,900 $195 2 bd / 3 ba 1,975 sqft , 2026-04-09

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
$1,848/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
$77,000
20% conventional investment loan

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

Estimated Gross Rent+$1,848
Principal + Interest−$2,101
Property Tax (~2.1% TX avg)−$674
Insurance (~0.5%)−$160
Est. Monthly Cash Flow $-1,087

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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