Active Listing  ·  48 days on market

401 Mildred Pr

Georgetown, TX 78626
$389,680
3 Bed 3 Bath 2,085 sqft $187/sqft Built 2026 0.28 acres 2-Car Garage Pool New Construction Patterson Ranch

New construction by Pulte Homes! Complete and ready now! The Sandalwood delivers connected main living spaces and an upper-level game room, creating flexible spaces to gather and relax.

At $187/sqft, this home is 18% below the Georgetown active market average of $228/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

401 Mildred Pr, Georgetown, TX 78626

Property Details

Price $389,680
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,085 sqft
Lot Size 0.28 acres (12,196.8 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Patterson Ranch
County Williamson
Zip Code 78626
$/sqft $187/sqft
Days on Market ,
HOA $54/Monthly
Annual Tax Est. $1,744.69
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT244271120
List Date August 21, 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.

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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 · August 21, 2026 $404,380
Previous ask $399,680
Current ask $389,680
▼ Reduced $14,700 (-3.6%) 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
233 Frederick Dr
Kasper Sec 7
$386,400 $154 4 bd / 3 ba 2,507 sqft , 2026-08-19
5408 Vanner Path
Saddlecreek Ph 1C
$399,000 $142 4 bd / 3 ba 2,811 sqft , 2026-05-25
613 Otto Ave
Fairhaven
$399,000 $197 4 bd / 2 ba 2,022 sqft , 2026-09-18
201 Connor Ln
Parks at Westhaven
$379,990 $197 4 bd / 2 ba 1,927 sqft , 2026-08-21
513 Emerald Cv
BridgeHaven Parks at Westhaven
$399,990 $155 4 bd / 3 ba 2,586 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
$1,870/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
$77,936
20% conventional investment loan

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

Estimated Gross Rent+$1,870
Principal + Interest−$2,127
Property Tax (~2.1% TX avg)−$682
Insurance (~0.5%)−$162
Est. Monthly Cash Flow $-1,101

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 7, 2026.

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