Active Listing  ·  214 days on market

404 Northwood Dr

Georgetown, TX 78628
$278,000
3 Bed 2 Bath 1,349 sqft $206/sqft Built 1980 0.31 acres 2-Car Garage Pool Northwood Oaks

Recently updated single-story home in Georgetown offering 3 bedrooms and 2 full bathrooms on a generous .309-acre lot in an established neighborhood with mature trees. This inviting residence features an open-concept living, kitchen, and dining area, centered around a cozy wood-burning fireplace that adds warmth and character—ideal for relaxed evenings at home. With approximately 1,349 square feet, the layout feels both comfortable and functional.

Recent updates include fresh interior paint, new flooring throughout, and updated kitchen and bathroom countertops, sinks, and fixtures, blending modern finishes with timeless charm. The kitchen opens seamlessly to the main living space, creating an ideal setting for everyday living and entertaining.

Enjoy outdoor living in the large, private backyard with new fencing, mature shade trees, a storage shed, and a fire pit—perfect for gatherings and quiet nights under the trees. The oversized lot provides ample space for pets, gardening, and play.

Conveniently located in Georgetown, Texas, near local schools, parks, shopping, and dining, with easy access to major roads and commuter routes, this move-in-ready home offers the perfect blend of single-story living, modern updates, and cozy comfort in one of Central Texas’ most desirable communities.

At $206/sqft, this home is 10% below the Georgetown active market average of $229/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

404 Northwood Dr, Georgetown, TX 78628

Property Details

Price $278,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,349 sqft
Lot Size 0.31 acres (13,446.97 sqft)
Year Built 1980
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Northwood Oaks
County Williamson
Zip Code 78628
$/sqft $206/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $5,313.3
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT220035952
List Date February 21, 2026
Elementary School Frost
Middle School Douglas Benold
High School Georgetown
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 · February 21, 2026 $319,000
Previous ask $285,000
Current ask $278,000
Reduced $41,000 (-12.9%) 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
1615 Park Ln
Gabriel Heights
$279,900 $222 3 bd / 2 ba 1,260 sqft , 2026-08-19
501 E Central Dr
WILLIAMS ADDITION UNIT 4
$280,000 $203 3 bd / 2 ba 1,376 sqft , 2026-07-10
1602 Westwood Ln
Ryans Xing
$275,000 $179 3 bd / 3 ba 1,539 sqft , 2026-02-25
208 Birch Oak Ln
The Grove at Georgetown
$275,000 $179 2 bd / 3 ba 1,536 sqft , 2026-05-26
914 Garden Meadow Dr
Williams Add Unit 07
$289,000 $223 3 bd / 2 ba 1,296 sqft , 2026-09-19

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
$1,334/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
$55,600
20% conventional investment loan

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

Estimated Gross Rent+$1,334
Principal + Interest−$1,517
Property Tax (~2.1% TX avg)−$487
Insurance (~0.5%)−$116
Est. Monthly Cash Flow $-786

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 10, 2026.

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