About This Home

NEW CONSTRUCTION BY PULTE HOMES! Available January 2027! The Hewitt offers a flexible, spacious open-concept layout with a private owner’s suite for balanced everyday comfort.

At $220/sqft, this home is 4% below the Georgetown active market average of $228/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

504 Henry Milton Rd, Georgetown, TX 78626

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Property Details

Price $370,828

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,689 sqft

Lot Size 0.14 acres (6,141.96 sqft)

Year Built 2027

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Patterson Ranch

County Williamson

Zip Code 78626

$/sqft $220/sqft

Days on Market ,

HOA $54/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT246544325

List Date September 14, 2026

Elementary School Williams

Middle School Wagner

High School East View

School District ,

Have Questions About This Property?

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

3220 Drago Dr
Vizcaya Ph 5E $375,000 $195 2 bd / 2 ba 1,924 sqft , 2026-05-20

136 Jans Way
Patterson Ranch $378,981 $219 4 bd / 2 ba 1,730 sqft , 2026-10-06

201 Connor Ln
Parks at Westhaven $379,990 $197 4 bd / 2 ba 1,927 sqft , 2026-08-21

541 Henry Milton Rd
Patterson Ranch $359,890 $213 4 bd / 2 ba 1,689 sqft , 2026-07-07

500 Henry Milton Rd
Patterson Ranch $356,212 $251 3 bd / 2 ba 1,417 sqft , 2026-09-30

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

$1,780/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

$74,166

20% conventional investment loan

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

Estimated Gross Rent+$1,780

Principal + Interest−$2,024

Property Tax (~2.1% TX avg)−$649

Insurance (~0.5%)−$155

Est. Monthly Cash Flow $-1,048

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

About the Author

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 October 7, 2026.

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

504 Henry Milton Rd

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Georgetown, TX

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