Active Listing  ·  238 days on market

420 River Overlook Rd

Georgetown, TX 78628
$649,900
4 Bed 4 Bath 2,942 sqft $221/sqft Built 2026 0.17 acres 3-Car Garage Pool Wolf Ranch

This spacious design features a two-story rotunda entry. Home office with French doors across from curved staircase. Open kitchen offers corner walk-in pantry, generous counter space, a 5-burner gas cooktop and inviting island with built-in seating space. Two-story dining area opens to two-story family room with a cast stone fireplace and wall of windows. First-floor primary suite includes bedroom with 13-foot ceiling and wall of windows. Primary bath includes dual vanities, freestanding tub, separate glass-enclosed shower and two large walk-in closets, one with access to utility room. First-floor guest suite. A game room, media room with French doors and three secondary bedrooms are upstairs. Covered backyard patio. Three-car garage.

At $221/sqft, this home is 3% 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

420 River Overlook Rd, Georgetown, TX 78628

Property Details

Price $649,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,942 sqft
Lot Size 0.17 acres (7,492.32 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Wolf Ranch
County Williamson
Zip Code 78628
$/sqft $221/sqft
Days on Market ,
HOA $1,067/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT217677862
List Date January 28, 2026
Elementary School Wolf Ranch Elementary
Middle School James Tippit
High School East View
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 · January 28, 2026 $919,900
Previous ask $674,900
Current ask $649,900
Reduced $270,000 (-29.4%) 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
525 Sundance Rdg
Wolf Ranch
$649,900 $261 4 bd / 3 ba 2,493 sqft , 2026-04-27
528 Alameda Ln
Wolf Ranch
$649,900 $283 4 bd / 3 ba 2,293 sqft , 2026-07-09
520 Summer Place Ln
Wolf Ranch
$649,900 $232 4 bd / 4 ba 2,796 sqft , 2026-07-09
1520 Rodeo Ridge Dr
Wolf Ranch
$649,380 $200 4 bd / 4 ba 3,248 sqft , 2025-10-16
2319 Fielder Dr
Bluff Haven
$669,990 $253 3 bd / 3 ba 2,651 sqft , 2026-04-18

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
$3,120/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
$129,980
20% conventional investment loan

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

Estimated Gross Rent+$3,120
Principal + Interest−$3,547
Property Tax (~2.1% TX avg)−$1,137
Insurance (~0.5%)−$271
Est. Monthly Cash Flow $-1,835

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 16, 2026.

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