Active Listing  ·  104 days on market

350 Richard Rd

Georgetown, TX 78626
$714,900
4 Bed 2 Bath 2,039 sqft $351/sqft Built 1978 2.71 acres 3-Car Garage Pool R M Ranch 05

The classic brick exterior of this one-story Georgetown residence introduces a serene rural lifestyle situated on an expansive 2.71-acre lot. Spanning 2,039 square feet, this well-maintained and updated home features four bedrooms, two full bathrooms, and shingle roofing. The tranquil setting is enhanced by a level landscape dotted with hardwood trees that offer shade, complemented by an irrigation system to maintain the grounds.

Inside, the living room is defined by a vaulted ceiling, tile flooring, and a cozy wood-burning tile fireplace. The kitchen comes equipped with stainless steel appliances, while the formal dining room provides a structured space for family dinners. Soft carpeting, crown molding, and a ceiling fan create a comfortable retreat in the bedrooms. The primary suite includes a walk-in closet alongside a primary bath added to the home in 2008, featuring a spa jetted tub. Practicality is found in the laundry room, which includes a sink and direct access to the patio. Outside, the fenced property features a pool, storage structures, outbuildings, and a detached 24 by 36 workshop/garage that provides vehicle parking and dedicated project space.

Ample parking options include a spacious gravel driveway alongside a separate driveway equipped with an electrical plug-in hookup for an RV. This property offers plenty of outdoor space for gardening, chickens, goats, or a horse, combining rural utility with functional living.

To experience this unique Georgetown acreage and tour the versatile workshop and updated home, schedule a private showing today.

At $351/sqft, this home is priced 54% above the Georgetown active market average of $228/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

350 Richard Rd, Georgetown, TX 78626

Property Details

Price $714,900
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 2,039 sqft
Lot Size 2.71 acres (118,047.6 sqft)
Year Built 1978
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision R M Ranch 05
County Williamson
Zip Code 78626
$/sqft $351/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,956.58
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237408436
List Date June 26, 2026
Elementary School Williams
Middle School Wagner
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.

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 · June 26, 2026 $724,000
Current ask $714,900
▼ Reduced $9,100 (-1.3%) 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
1213 Silver Falls Dr
East View Farms
$564,990 $215 4 bd / 4 ba 2,626 sqft , 2026-06-23

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
$3,432/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
$142,980
20% conventional investment loan

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

Estimated Gross Rent+$3,432
Principal + Interest−$3,902
Property Tax (~2.1% TX avg)−$1,251
Insurance (~0.5%)−$298
Est. Monthly Cash Flow $-2,019

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 October 3, 2026.

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