Active Listing  ·  48 days on market

404 Leaning Rock Rd

Georgetown, TX 78628
$499,900
4 Bed 3 Bath 2,186 sqft $229/sqft Built 2026 0.13 acres 2-Car Garage Pool New Construction Wolf Ranch West Bend

New Coventry Home! The Gaines floor plan delivers an inviting single-story design that effortlessly blends comfort and style. Boasting four bedrooms and three full bathrooms, this home is thoughtfully designed to meet the needs of modern families. The layout includes an expansive living area that connects seamlessly to the dining space and kitchen, creating a central hub for daily living and entertaining. The kitchen, equipped with modern features and ample counter space, is perfect for preparing meals and hosting gatherings.

The primary suite serves as a peaceful retreat, complete with an en-suite bathroom and a generous walk-in closet for added convenience. Three additional bedrooms provide flexibility for family, guests, or even a home office. The two-car garage ensures ample parking and storage, adding practicality to this stunning design. The Gaines floor plan combines functionality with elegant finishes to create a home that's as beautiful as it is livable.

At $229/sqft, this home is priced in line with the Georgetown market average of $228/sqft across 1,178 active listings. View Austin market report →

Location

404 Leaning Rock Rd, Georgetown, TX 78628

Property Details

Price $499,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,186 sqft
Lot Size 0.13 acres (5,575.68 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Wolf Ranch West Bend
County Williamson
Zip Code 78628
$/sqft $229/sqft
Days on Market ,
HOA $992/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT247463769
List Date September 25, 2026
Elementary School Wolf Ranch Elementary
Middle School James Tippit
High School East View
School District Georgetown ISD

Georgetown ISD

Wolf Ranch Elementary · James Tippit · East View

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 · September 25, 2026 $539,900
Current ask $499,900
▼ Reduced $40,000 (-7.4%) 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
1149 Flying Cloud Trl
Wolf Ranch West Bend
$499,900 $208 4 bd / 3 ba 2,399 sqft , 2026-06-08
1828 Spring Mountain Cv
Wolf Ranch
$499,900 $243 4 bd / 3 ba 2,057 sqft , 2026-08-07
232 Rivers Edge Dr
Riverview
$499,070 $199 5 bd / 3 ba 2,513 sqft , 2026-07-01
1716 Sunlight Ter
Wolf Ranch
$505,584 $211 4 bd / 3 ba 2,401 sqft , 2026-11-10
1816 Spring Mountain Cv
Wolf Ranch
$492,603 $205 4 bd / 3 ba 2,405 sqft , 2026-04-09

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
$2,400/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
$99,980
20% conventional investment loan

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

Estimated Gross Rent+$2,400
Principal + Interest−$2,728
Property Tax (assumed ~2.1%)−$875
Insurance (assumed ~0.5%)−$208
Est. Monthly Cash Flow $-1,411

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 · 41 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. The written content was last updated on October 25, 2026.

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

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