Active Listing  ·  55 days on market

404 Grosseto Ln

Georgetown, TX 78628
$515,000
3 Bed 3 Bath 2,767 sqft $186/sqft Built 2013 0.25 acres 3-Car Garage Pool Rancho Sienna Sec 1

Welcome to 404 Grosseto Lane, a beautifully designed two-story home in the highly acclaimed Leander ISD. Thoughtfully laid out for everyday living, all bedrooms are located on the main floor, offering the convenience of single-story living, while an upstairs bonus room provides the perfect space for a game room, media room, home office, or guest retreat. Rich wood floors, spacious living areas, and an open kitchen create a warm and inviting atmosphere that’s ideal for both entertaining and daily life. Situated on a generous lot with a 3-car garage, this home combines comfort, functionality, and flexibility in one of Georgetown’s most sought-after communities. Enjoy the charm of Rancho Sienna along with access to award-winning schools, neighborhood amenities, parks, trails, and the Hill Country lifestyle that makes this area so desirable.

At $186/sqft, this home is 18% 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

404 Grosseto Ln, Georgetown, TX 78628

Property Details

Price $515,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 2,767 sqft
Lot Size 0.25 acres (10,994.54 sqft)
Year Built 2013
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Rancho Sienna Sec 1
County Williamson
Zip Code 78628
$/sqft $186/sqft
Days on Market ,
HOA $66/Monthly
Annual Tax Est. $12,326.04
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT235813316
List Date June 10, 2026
Elementary School Rancho Sienna
Middle School Santa Rita Middle
High School Liberty Hill
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 10, 2026 $550,000
Current ask $515,000
Reduced $35,000 (-6.4%) 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
100 Indian Paintbrush Trl
Wolf Ranch West
$515,000 $194 4 bd / 3 ba 2,649 sqft , 2026-04-15
1217 Winding Way Dr
Water Oak North Sec 2
$515,000 $203 4 bd / 3 ba 2,538 sqft , 2026-05-07
184 Fort Cobb Way
Parkside/Mayfield Ranch Sec 8
$515,000 $216 4 bd / 3 ba 2,384 sqft , 2026-06-04
209 Birkshire Dr
Vista Pointe Ph 1
$515,000 $159 4 bd / 4 ba 3,238 sqft , 2026-06-19
31316 Kingsway Rd
Berry Creek Ph 2 Sec 5
$515,000 $208 3 bd / 2 ba 2,472 sqft , 2026-07-11

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
$2,472/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
$103,000
20% conventional investment loan

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

Estimated Gross Rent+$2,472
Principal + Interest−$2,811
Property Tax (~2.1% TX avg)−$901
Insurance (~0.5%)−$215
Est. Monthly Cash Flow $-1,455

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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