Active Listing  ·  73 days on market

507 Champions Dr

Georgetown, TX 78628
$995,000
4 Bed 5 Bath 4,425 sqft $225/sqft Built 2002 0.30 acres 3-Car Garage Pool Reserve At Berry Creek Sec 01D Ph 01

Low Tax Rate! This exceptional custom home by Partners in Building offers 4,425 square feet of thoughtfully designed living space with luxury finishes, outstanding functionality, and resort-style outdoor living. Built in 2003, the striking French Country-inspired architecture creates unforgettable curb appeal with elegant paver walkways, a welcoming fountain, and lush landscaping. Inside, a grand foyer showcases travertine flooring with a custom mosaic tile inlay, while rich hardwood floors, soaring ceilings, and expansive windows fill the home with natural light. A private executive study with its own fireplace offers an ideal work-from-home retreat, and the formal dining room is perfect for entertaining. The spacious family room features a second fireplace and opens seamlessly to the outdoor living spaces. The private primary suite is tucked away on the main level and includes plantation shutters, private patio access, and a spa-inspired bath with dual vanities, soaking tub, walk-in shower, and generous walk-in closet. The chef’s kitchen features granite countertops, antiqued white cabinetry, double ovens, built-in microwave, beverage cooler, dishwasher, abundant storage, and prep space. A standout feature is the private elevator, providing access between levels and making the home ideal for multigenerational living or long-term accessibility. A secondary downstairs bedroom includes a private ensuite bath with direct access to the backyard and pool, making it an ideal guest suite or pool bath. The main level also offers a spacious laundry room and half bath. Upstairs you’ll find a second living area, game room, media room, two additional bedrooms, and two full bathrooms. The oversized three-car garage provides exceptional storage. Outside, the covered patio overlooks a sparkling pool, relaxing hot tub, and beautifully landscaped backyard designed for year-round enjoyment. A truly remarkable property that must be experienced in person.

At $225/sqft, this home is priced in line with the Georgetown market average of $229/sqft across 1,265 active listings. View Austin market report →

Location

507 Champions Dr, Georgetown, TX 78628

Property Details

Price $995,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths 1
Living Area 4,425 sqft
Lot Size 0.30 acres (12,967.81 sqft)
Year Built 2002
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Reserve At Berry Creek Sec 01D Ph 01
County Williamson
Zip Code 78628
$/sqft $225/sqft
Days on Market ,
HOA $87/Monthly
Annual Tax Est. $14,178.01
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239503655
List Date July 12, 2026
Elementary School Frost
Middle School Charles A Forbes
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 · July 12, 2026 $1,100,000
Previous ask $1,035,000
Current ask $995,000
Reduced $105,000 (-9.5%) 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
30108 Torrey Pines Cir
Berry Crk Sec 02
$1,000,000 $248 4 bd / 4 ba 4,032 sqft , 2026-06-13
176 Logan Ranch Rd
Logan Ranch
$899,900 $190 4 bd / 6 ba 4,742 sqft , 2025-06-23
809 Prairie Dunes Dr
Reserve Berry Crk Sec
$849,900 $213 4 bd / 4 ba 3,996 sqft , 2026-06-26
29 Meadows End None
Meadows End & Reserve at Berry Creek
$825,000 $227 4 bd / 4 ba 3,641 sqft , 2026-06-16
33 Meadows End None
Meadows End At Berry Creek Berry Creek Sec 01
$799,000 $260 3 bd / 3 ba 3,075 sqft , 2026-06-25

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
$4,776/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
$199,000
20% conventional investment loan

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

Estimated Gross Rent+$4,776
Principal + Interest−$5,430
Property Tax (~2.1% TX avg)−$1,741
Insurance (~0.5%)−$415
Est. Monthly Cash Flow $-2,810

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 August 21, 2026.

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