Active Listing  ·  0 days on market

501 Wildwood Dr

Georgetown, TX 78633
$425,000
4 Bed 3 Bath 3,224 sqft $132/sqft Built 2005 0.21 acres 2-Car Garage Pool Woodlake Ph 03

Welcome to this spacious two-story home in Georgetown’s established Woodlake neighborhood. At 3,224 square feet with 4 bedrooms and 2.5 baths, it gives you room to live, host, and grow without feeling cramped.

Fresh paint and new carpet installed in summer 2026 make the interior move-in ready. The property features a spacious treed yard, an amazing covered deck and it even has a heavy duty “playhouse”.

The main level opens to an inviting great room with a wood-burning fireplace, plus multiple living and dining areas that make everyday flow easy. The kitchen is bright and practical, with abundant cabinetry and counter space for cooking and gathering. Four generously sized bedrooms include a spacious primary suite with a private bath and walk-in closet. Neutral finishes throughout give the next owner a clean canvas.

Out back, a large covered deck overlooks a private, fenced yard with mature trees, a lush lawn, and a play structure—easy for morning coffee, weekend cookouts, or letting kids and pets run. An attached two-car garage and a spacious driveway handle daily parking and extra vehicles.

You’re convenient to neighborhood parks and common areas, with Georgetown’s shops, schools, and everyday needs close at hand. Generous rooms, a usable backyard, and flexible living space make this a straightforward place to settle in and make your own.

At $132/sqft, this home is 42% 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

501 Wildwood Dr, Georgetown, TX 78633

Property Details

Price $425,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 3,224 sqft
Lot Size 0.21 acres (9,334.91 sqft)
Year Built 2005
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Woodlake Ph 03
County Williamson
Zip Code 78633
$/sqft $132/sqft
Days on Market ,
HOA $300/Annually
Annual Tax Est. $7,830.18
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247239960
List Date September 22, 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 →

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
2301 Limestone Lake Dr #43
Gatlin Creek Condos
$428,000 $158 4 bd / 3 ba 2,716 sqft , 2026-05-29
701 Hays Hill Dr
Gatlin Crk Condos
$400,000 $141 4 bd / 3 ba 2,831 sqft , 2025-10-21
814 Boquilla Trl
Heritage Oaks Sec 1
$399,900 $182 3 bd / 2 ba 2,195 sqft , 2026-06-20
232 Village Commons Blvd
Shell Ranch Sec 02-A
$459,000 $183 4 bd / 3 ba 2,504 sqft , 2026-08-27
604 Bottlebrush Dr
Gardens at Verde Vista
$475,000 $205 4 bd / 3 ba 2,315 sqft , 2024-12-20

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
$2,040/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
$85,000
20% conventional investment loan

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

Estimated Gross Rent+$2,040
Principal + Interest−$2,319
Property Tax (~2.1% TX avg)−$744
Insurance (~0.5%)−$177
Est. Monthly Cash Flow $-1,200

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 22, 2026.

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