Active Listing  ·  90 days on market

509 Otto Ave

Georgetown, TX 78626
$340,000
3 Bed 3 Bath 1,845 sqft $184/sqft Built 2021 0.11 acres 2-Car Garage Pool Kasper Sec 8

Charming DR Horton Home with Modern Amenities Step into this beautifully crafted DR Horton home, built in 2021, offering 3 bedrooms, 2.5 bathrooms, and a 2-car garage. With 1,845 sq. ft. of well-designed living space, this home features an open-concept floor plan—perfect for both entertaining and everyday living. Upstairs, you’ll find two generously sized bedrooms and a versatile loft area, ideal for movie nights, a home office, or a playroom. Nestled in a vibrant and amenity-rich community, residents enjoy access to a sparkling pool, playground, scenic walking/jogging trails, and a pickleball court. The location is ideal for families—just one mile from an elementary school and minutes from a top-rated K-12 preparatory school and youth sports facility. Only 10 minutes from charming downtown Georgetown, with its eclectic shopping, dining, and entertainment, plus easy access to I-35 and SH-130 for a smooth commute. Don’t miss your chance to call this gem home—schedule your private tour today!

At $184/sqft, this home is 19% below the Georgetown active market average of $227/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

509 Otto Ave, Georgetown, TX 78626

Property Details

Price $340,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,845 sqft
Lot Size 0.11 acres (4,700.12 sqft)
Year Built 2021
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Kasper Sec 8
County Williamson
Zip Code 78626
$/sqft $184/sqft
Days on Market ,
HOA $75/Monthly
Annual Tax Est. $7,115.87
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227871778
List Date May 6, 2026
Elementary School Carver
Middle School Wagner
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 →

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
157 Meadowlark Cir
Katy Crossing Sec 03-A Pud
$340,000 $248 3 bd / 2 ba 1,369 sqft , 2026-03-06
304 Winding Hollow Ln
Morningstar
$340,000 $192 3 bd / 2 ba 1,771 sqft , 2026-03-18
121 Shiner Ln
Kasper Sec 2
$340,000 $196 4 bd / 2 ba 1,731 sqft , 2026-05-08
327 Yukon Ter
Sun City Georgetown Neighborhood 26 Pud
$340,000 $217 3 bd / 2 ba 1,564 sqft , 2026-05-29
605 Farm Hill Dr
Sun City Georgetown
$340,000 $213 3 bd / 2 ba 1,597 sqft , 2026-07-24

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
$1,632/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
$68,000
20% conventional investment loan

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

Estimated Gross Rent+$1,632
Principal + Interest−$1,856
Property Tax (~2.1% TX avg)−$595
Insurance (~0.5%)−$142
Est. Monthly Cash Flow $-961

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

More Luxury Homes in Georgetown

Loading…
View All Luxury Homes →