Active Listing  ·  33 days on market

509 Lightstone Dr

Georgetown, TX 78633
$708,359
5 Bed 5 Bath 3,641 sqft $195/sqft Built 2026 0.21 acres 3-Car Garage Pool New Construction Parmer Ranch

MOVE IN READY! Westin Homes NEW Construction (Asher X, Elevation BA) Stunning two-story home with 5 bedrooms, 4.5 bathrooms, and a 3-car garage. Enter through elegant double front doors into a spacious layout featuring a dining room, private study, and a soaring family room filled with natural light. The gourmet island kitchen opens to the family room—perfect for entertaining. The first-floor primary suite offers spa-like comfort with dual walk-in closets and a soaking tub, while a private guest suite includes its own full bath. Upstairs features three additional bedrooms, a large game room, and a media room for movie nights. Enjoy outdoor living on a cover patio and back sod. Located just minutes from the Historic Georgetown Square, Parmer Ranch offers the perfect blend of small-town charm and modern living. Enjoy community amenities including Parmer Park, a zip line, resort-style pools, and more. Come visit Westin Homes today to discover why Parmer Ranch is a wonderful place to call home!

At $195/sqft, this home is 15% 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

509 Lightstone Dr, Georgetown, TX 78633

Property Details

Price $708,359
Status Active Listing
Beds 5
Full Baths 4
Half Baths 1
Living Area 3,641 sqft
Lot Size 0.21 acres (9,060.48 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Parmer Ranch
County Williamson
Zip Code 78633
$/sqft $195/sqft
Days on Market ,
HOA $75/Monthly
Annual Tax Est. $2,354.14
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT244251173
List Date August 21, 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.

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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 · August 21, 2026 $792,923
Current ask $708,359
Reduced $84,564 (-10.7%) 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
109 Packhorse Ln
Parmer Ranch
$699,788 $186 5 bd / 5 ba 3,772 sqft , 2026-07-31
312 Lightstone Dr
Parmer Ranch
$699,346 $181 5 bd / 5 ba 3,865 sqft , 2026-07-16
121 Packhorse Ln
Parmer Ranch
$694,819 $180 5 bd / 5 ba 3,865 sqft , 2026-08-14
513 Lightstone Dr
Parmer Ranch
$724,394 $187 5 bd / 5 ba 3,865 sqft , 2026-08-14
109 Buckaroo Dr
Parmer Ranch
$689,899 $182 5 bd / 5 ba 3,800 sqft , 2025-09-10

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
$3,400/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
$141,672
20% conventional investment loan

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

Estimated Gross Rent+$3,400
Principal + Interest−$3,866
Property Tax (~2.1% TX avg)−$1,240
Insurance (~0.5%)−$295
Est. Monthly Cash Flow $-2,001

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 →