Active Listing  ·  3 days on market

421 Terrene Trl

Georgetown, TX 78628
$619,900
4 Bed 3 Bath 2,607 sqft $238/sqft Built 2024 0.23 acres 2-Car Garage Pool Parkside/River Ph 2 Secs 4 & 7

Welcome home at 421 Terrene Trail, located in one of Georgetown's newly and highly acclaimed neighborhoods, Parkside on the River. This beautiful Perry Home is sophisticated from top to bottom with no shortage of upgrades. Upon entry, you are greeted by abundant natural light from numerous windows and high ceilings. The open floor plan flows seamlessly throughout the living areas and kitchen, featuring stainless steel appliances, quartz countertops and contemporary cabinetry, all accented by deluxe vinyl flooring throughout. And if that isn't enough to get your attention, the true centerpiece of the home will not disappoint: a custom-designed, marble fireplace surround, rising from floor to raised ceiling. An absolute masterpiece! Shift the elegant chandelier tones to match the built in lighting, illuminating the marble and creating your ideal atmosphere. Dining area adjoins with a grand wall of windows overlooking the greenbelt out back that includes an oversized covered patio. The main level includes a dedicated office space, a full bathroom, and a bedroom with high vaulted ceilings and a walk-in closet. Also downstairs is the deluxe owner's suite, a true escape with an en-suite bathroom, a soaking tub, an extra-large shower, dual vanities, and a walk-in closet. Ample storage space and laundry room are downstairs. Upstairs you find a spacious loft-style living area, with two bedrooms and a full bath. This home is equipped with extras like a water softener, epoxy garage floors and bonus garage storage. At only two years old, this home has been gently lived in and is ready to welcome a new family. A sparkling community pool and clubhouse is conveniently located just across the street and easily accessible. Residents enjoy resort-style amenities, including miles of walking trails surrounded by meticulously manicured landscaping that evokes the feeling of the Hill Country, while still being conveniently located near an abundance of shopping, dining, and schools.

At $238/sqft, this home is priced 4% above the Georgetown active market average of $229/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

421 Terrene Trl, Georgetown, TX 78628

Property Details

Price $619,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,607 sqft
Lot Size 0.23 acres (9,801 sqft)
Year Built 2024
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Parkside/River Ph 2 Secs 4 & 7
County Williamson
Zip Code 78628
$/sqft $238/sqft
Days on Market ,
HOA $840/Annually
Annual Tax Est. $14,027.16
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247176522
List Date September 20, 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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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
104 Peaceful Serenity Dr
Parkside on the River
$614,900 $213 4 bd / 3 ba 2,892 sqft , 2026-05-08
300 Dorothy Mae Cir
Parkside on the River
$624,900 $235 4 bd / 4 ba 2,662 sqft , 2026-07-28
213 Dorothy Mae Cir
Parkside on the River
$624,900 $241 4 bd / 4 ba 2,594 sqft , 2026-08-10
1401 Mulberry Oak Ln Ln
Parkside/River Ph 2 Sec 1
$600,000 $198 4 bd / 4 ba 3,029 sqft , 2026-02-13
1304 Snowdrop Dr
Parkside/River Ph 3 Sec 5
$599,999 $207 4 bd / 3 ba 2,898 sqft , 2026-08-27

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
$2,976/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
$123,980
20% conventional investment loan

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

Estimated Gross Rent+$2,976
Principal + Interest−$3,383
Property Tax (~2.1% TX avg)−$1,085
Insurance (~0.5%)−$258
Est. Monthly Cash Flow $-1,750

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 21, 2026.

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