Active Listing  ·  72 days on market

405 Skyflower Dr #V

Georgetown, TX 78628
$479,995
3 Bed 3 Bath 2,413 sqft $199/sqft Built 2019 2-Car Garage Pool Gardens/Verde Vista

Architectural Design and many unique features that make you feel you are in a "Custom Home" only begin to describe the feeling that you will have when you visit this beautiful residence. Before you get to the front door, you will enter into a Courtyard that will greet you and give you the feeling that you are in a special place. There's even a "Casita" off of the Courtyard complete with a Bedroom and Bathroom. Once inside you will be impressed with Soaring Ceilings and openness of the floor design. The Kitchen with its Chef's Vent and Pull-out Shelves. The Primary Bathroom with the "Double Door' Entry to the Walk-in-Shower, not to mention a remote-controlled Bidet and a Towel Warmer to give you a nice warm and dry experience when you're through bathing. There's much more including the hidden wall safe. Have some fun and look for it as you tour this Beautiful Home.

At $199/sqft, this home is 13% 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

405 Skyflower Dr #V, Georgetown, TX 78628

Property Details

Price $479,995
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 2,413 sqft
Lot Size ,
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Gardens/Verde Vista
County Williamson
Zip Code 78628
$/sqft $199/sqft
Days on Market ,
HOA $300/Monthly
Annual Tax Est. $8,800.18
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239576322
List Date July 12, 2026
Elementary School Raye McCoy
Middle School Charles A Forbes
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.

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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 · July 12, 2026 $590,000
Previous ask $499,950
Current ask $479,995
Reduced $110,005 (-18.6%) 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
604 Bottlebrush Dr
Gardens at Verde Vista
$475,000 $205 4 bd / 3 ba 2,315 sqft , 2024-12-20
549 Clubhouse Dr #G
Gardens/Verde Vista A Condo
$474,000 $237 2 bd / 3 ba 2,000 sqft , 2025-10-17
4711 Madrid Dr
Georgetown Village Sec 08 PUD
$486,900 $172 4 bd / 4 ba 2,828 sqft , 2026-08-20
313 Skyflower Dr #G
Gardens/Verde Vista
$466,000 $236 3 bd / 2 ba 1,972 sqft , 2026-06-26
300 W Sequoia Spur
Serenada West
$499,999 $200 4 bd / 2 ba 2,496 sqft , 2026-09-18

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
$2,304/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
$95,999
20% conventional investment loan

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

Estimated Gross Rent+$2,304
Principal + Interest−$2,620
Property Tax (~2.1% TX avg)−$840
Insurance (~0.5%)−$200
Est. Monthly Cash Flow $-1,356

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 19, 2026.

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