Active Listing  ·  113 days on market

3608 Emerald Lake Path

Georgetown, TX 78628
$899,000
4 Bed 4 Bath 3,132 sqft $287/sqft Built 2026 0.28 acres 3-Car Garage Pool New Construction Riverstone

New construction home in Riverstone! NEW 3% flex incentive to use on 3-2-1 buy down, 2-1 buy down, closing costs or price reduction. You could afford up to $75,000 more home than if you bought a resale—without raising your monthly payment. That means more space, more upgrades, and more of what you love. See Sales Manager for details. East-facing single story, 4 bed, 4 bath home with separate office/study and game room. 4' wide iron front door with glass welcomes you into this family home. 12' ceiling in the open concept living room, kitchen and dining. Wood flooring in main living space, office and game room. Corner fireplace in the family room with floor-to-ceiling tile surround. Quartz countertops in the kitchen with a waterfall island. Upper cabinets to 10' with glass fronts and puck lighting and under cabinet lighting. Double ovens and microwave drawer and walk-in pantry plus drop zone from garage access. Large dining space opens to the extended covered patio. Private primary retreat en-suite with two large walk-in closets, freestanding tub, double vanities with marble countertops and walk-in shower. Utility room with sink, upper cabinets above washer/dryer space and plumbed for ice maker for freezer. Front office with 1-lite glass French doors. Game room is the perfect second living space or second office for working from home. Extended covered patio with gas stub out for future grill. Front-entry 3-car garage with 220 outlet for electric car charger.

At $287/sqft, this home is priced 27% 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

3608 Emerald Lake Path, Georgetown, TX 78628

Property Details

Price $899,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths ,
Living Area 3,132 sqft
Lot Size 0.28 acres (12,066.12 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Riverstone
County Williamson
Zip Code 78628
$/sqft $287/sqft
Days on Market ,
HOA $50/Monthly
Annual Tax Est. $2,998.67
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT237009448
List Date July 1, 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 1, 2026 $906,000
Current ask $899,000
▼ Reduced $7,000 (-0.8%) 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
1232 Stormy Dr
Riverstone Ph A
$944,000 $282 4 bd / 5 ba 3,346 sqft , 2026-07-01
116 Serenity Hills Dr
Crescent Bluff Sec 4B
$983,500 $285 3 bd / 4 ba 3,451 sqft , 2026-10-01
3408 Emerald Lake Path
Riverstone
$799,990 $296 4 bd / 4 ba 2,702 sqft , 2026-08-24
3332 Emerald Lake Path
Riverstone
$795,990 $277 4 bd / 4 ba 2,872 sqft , 2025-08-20
1106 Silent Oaks Dr
Riverview
$750,000 $184 5 bd / 4 ba 4,084 sqft , 2026-09-15

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
$4,315/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
$179,800
20% conventional investment loan

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

Estimated Gross Rent+$4,315
Principal + Interest−$4,906
Property Tax (~2.1% TX avg)−$1,573
Insurance (~0.5%)−$375
Est. Monthly Cash Flow $-2,539

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 28, 2026.

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