Active Listing  ·  39 days on market

344 Atlanta Park Dr

Georgetown, TX 78628
$559,990
5 Bed 3 Bath 2,978 sqft $188/sqft Built 2010 0.16 acres 2-Car Garage Pool Parkside At Mayfield Ranch Sec 02

Rarely does a home check this many boxes! Designed with today's lifestyle in mind, this true multi-generational floor plan offers 5 bedrooms with two bedrooms and two full baths on the main level, including the spacious primary suite and a private guest suite—an ideal layout for extended family, guests, or a home office. Upstairs, you'll find three additional bedrooms, a large game room, and an expansive unfinished flex space ready to become a 6th bedroom, additional bath, media room, or bonus living area, offering the opportunity to expand to 3,200+ square feet while adding instant equity.

Inside, the open-concept design features granite countertops, a large kitchen island, multiple dining areas, high ceilings, and a living room wired for sound with built-in home theater speakers—making entertaining effortless. Meticulously maintained with more than $16,000 in owner upgrades, this home is truly move-in ready.

Located in the highly desirable Parkside at Mayfield Ranch, you'll enjoy the convenience of walking to Parkside Elementary in acclaimed Leander ISD (Parkside, Stiles, and Rouse), along with access to two community pools, playgrounds, scenic trails connecting to Williamson County Park, and low HOA dues. This is more than a home—it's a flexible floor plan designed to grow with you.

At $188/sqft, this home is 17% below the Georgetown active market average of $226/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

344 Atlanta Park Dr, Georgetown, TX 78628

Property Details

Price $559,990
Status Active Listing
Beds 5
Full Baths 3
Half Baths ,
Living Area 2,978 sqft
Lot Size 0.16 acres (6,969.6 sqft)
Year Built 2010
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Parkside At Mayfield Ranch Sec 02
County Williamson
Zip Code 78628
$/sqft $188/sqft
Days on Market ,
HOA $150/Quarterly
Annual Tax Est. $11,811.2
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239046434
List Date July 8, 2026
Elementary School Parkside
Middle School Stiles
High School Rouse
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 8, 2026 $589,000
Previous ask $569,000
Current ask $559,990
Reduced $29,010 (-4.9%) 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
4401 Trinity Woods St
Borho Ph 3
$555,000 $179 4 bd / 3 ba 3,103 sqft , 2026-06-08
2325 Blended Tree Ranch Dr
Trails of Shady Oak
$569,000 $180 5 bd / 4 ba 3,157 sqft , 2026-06-08
109 CHOKE CANYON Ln
Parkside At Mayfield Ranch Sec 02
$530,700 $167 5 bd / 3 ba 3,179 sqft , 2026-07-29
245 Caddo Lake Dr
Parkside At Mayfield Ranch Sec 01
$525,000 $174 4 bd / 4 ba 3,018 sqft , 2026-03-03
413 Monahans Dr
Parkside At Mayfield Ranch Sec 10
$525,000 $166 5 bd / 3 ba 3,172 sqft , 2026-06-11

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
$2,688/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
$111,998
20% conventional investment loan

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

Estimated Gross Rent+$2,688
Principal + Interest−$3,056
Property Tax (~2.1% TX avg)−$980
Insurance (~0.5%)−$233
Est. Monthly Cash Flow $-1,581

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

More Luxury Homes in Georgetown

Loading…
View All Luxury Homes →
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 15, 2026.

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