Active Listing  ·  84 days on market

404 Raleigh Dr

Georgetown, TX 78633
$389,900
4 Bed 2 Bath 1,762 sqft $221/sqft Built 2026 0.13 acres 2-Car Garage Pool New Construction Highland Village

New Coventry Home! Welcome to this beautifully crafted Izoro floorplan in Highland Village, a thoughtfully designed one-story home in Georgetown that blends modern elegance with everyday ease. The open-concept layout creates a seamless connection between the kitchen, dining, and living areas, making the space feel bright, inviting, and ideal for both entertaining and daily routines. The upgraded kitchen features built-in appliances and stylish finishes, while an impressive 8-foot front door and brick detailing on three sides and the rear elevate the home’s curb appeal.

The private primary suite offers a relaxing retreat with a separate soaking tub and walk-in shower, along with a spacious walk-in closet designed for convenience. Additional bedrooms provide flexibility for guests, a home office, or hobbies, all within a functional single-level layout. With a two-car garage for added storage and a location near local shopping, dining, and major roadways, this home offers both comfort and accessibility—schedule your private tour today to experience it in person.

At $221/sqft, this home is 3% 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 Raleigh Dr, Georgetown, TX 78633

Property Details

Price $389,900
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,762 sqft
Lot Size 0.13 acres (5,858.82 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Highland Village
County Williamson
Zip Code 78633
$/sqft $221/sqft
Days on Market ,
HOA $75/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT229753090
List Date May 12, 2026
Elementary School Jo Ann Ford
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 · May 12, 2026 $463,620
Current ask $389,900
Reduced $73,720 (-15.9%) 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
747 Westbury Ln
Georgetown Village Sec 06 Pud
$389,900 $189 4 bd / 2 ba 2,067 sqft , 2026-04-08
1101 Terrace View Dr
OAKS AT SAN GABRIEL
$389,900 $195 3 bd / 2 ba 2,000 sqft , 2026-03-27
639 Pheasant Hill Ln
Oaks at San Gabriel
$389,900 $187 3 bd / 3 ba 2,085 sqft , 2026-02-11
1100 View Dr
MORNING STAR
$389,900 $191 4 bd / 3 ba 2,037 sqft , 2026-07-30
110 Persimmon Ln
Sun City Georgetown Neighborhood 07
$389,950 $201 3 bd / 2 ba 1,939 sqft , 2026-03-27

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
$1,872/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
$77,980
20% conventional investment loan

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

Estimated Gross Rent+$1,872
Principal + Interest−$2,128
Property Tax (~2.1% TX avg)−$682
Insurance (~0.5%)−$162
Est. Monthly Cash Flow $-1,100

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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