Active Listing  ·  559 days on market

501 Texas Sky Dr

Georgetown, TX 78628
$544,900
4 Bed 3 Bath 2,381 sqft $229/sqft Built 2025 0.16 acres 2-Car Garage Pool Wolf Ranch West Bend

New Coventry Home! The Denison floorplan is a thoughtfully crafted one-story home that perfectly balances comfort and functionality. With four bedrooms and three bathrooms, this design is ideal for families seeking spacious living areas while enjoying the convenience of single-level living. The open-concept layout seamlessly connects the kitchen, dining, and family room, creating a warm and inviting space for both everyday life and entertaining.

The primary suite is a true retreat, offering a private, tranquil space with a luxurious bathroom and a walk-in closet designed to meet your storage needs. The three additional bedrooms are positioned to maximize privacy and versatility, making them perfect for family, guests, or home office use. A two-car garage enhances practicality, providing ample space for vehicles and storage while maintaining the home's aesthetic appeal.

Designed to suit modern lifestyles, the Denison floorplan emphasizes flexibility and ease, making it the perfect choice for those who value stylish and functional living in a one-story design. This home is a perfect setting for creating cherished memories for years to come.

At $229/sqft, this home is priced in line with the Georgetown market average of $229/sqft across 1,266 active listings. View Austin market report →

Location

501 Texas Sky Dr, Georgetown, TX 78628

Property Details

Price $544,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,381 sqft
Lot Size 0.16 acres (6,838.92 sqft)
Year Built 2025
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Wolf Ranch West Bend
County Williamson
Zip Code 78628
$/sqft $229/sqft
Days on Market ,
HOA $992/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT191998944
List Date March 13, 2025
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.

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 · March 13, 2025 $626,635
Previous ask $549,900
Current ask $544,900
Reduced $81,735 (-13.0%) 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
545 High Summit Dr
Wolf Ranch
$545,000 $274 3 bd / 3 ba 1,990 sqft , 2026-05-29
1149 Flying Cloud Trl
Wolf Ranch West Bend
$539,900 $225 4 bd / 3 ba 2,399 sqft , 2026-06-08
305 Ridgeway Ln
Bluff Haven
$549,990 $255 3 bd / 3 ba 2,153 sqft , 2026-07-15
1820 Spring Mountain Cv
Wolf Ranch
$529,900 $215 4 bd / 4 ba 2,466 sqft , 2026-08-10
318 Ridge Run Dr
River Ridge
$524,999 $194 3 bd / 3 ba 2,701 sqft , 2025-11-04

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
$2,616/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
$108,980
20% conventional investment loan

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

Estimated Gross Rent+$2,616
Principal + Interest−$2,974
Property Tax (~2.1% TX avg)−$954
Insurance (~0.5%)−$227
Est. Monthly Cash Flow $-1,539

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 20, 2026.

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