Active Listing  ·  17 days on market

512 PANZANO Dr

Georgetown, TX 78628
$535,000
4 Bed 4 Bath 2,587 sqft $207/sqft Built 2021 0.17 acres 2-Car Garage Pool Rancho Sienna

Property is in an online auction Nov. 8, 2026. All offers must be submitted through the property's listing on the Auction platform. The sale will be subject to a 5% buyer's premium pursuant to the Auction Terms and Conditions. This multi-generational 2-story home features an open concept with lots of windows for natural light and a gourmet kitchen with a quartz island, modern kitchen cabinets and lots of counter space. An ornamental staircase leads to a second living area and bath. The primary bedroom downstairs has a luxurious shower and a spacious closet. This home has a door on the front porch that goes to a guest unit which includes a second kitchen in its own wing of the house, connected by the hall interior door, which makes it perfect for many living situations. Relax under the covered patio in the back yard with hill country views! The scenic park, trails, community pool, playground, clubhouse and greenbelt are close-by and provide an abundance of recreational activities for all. Check It Out!

At $207/sqft, this home is 9% 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

512 PANZANO Dr, Georgetown, TX 78628

Property Details

Price $535,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths ,
Living Area 2,587 sqft
Lot Size 0.17 acres (7,579.44 sqft)
Year Built 2021
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Rancho Sienna
County Williamson
Zip Code 78628
$/sqft $207/sqft
Days on Market ,
HOA $60/Monthly
Annual Tax Est. $11,786.67
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT250861675
List Date October 26, 2026
Elementary School Rancho Sienna
Middle School Santa Rita Middle
High School Legacy Ranch
School District Liberty Hill ISD

Liberty Hill ISD

Rancho Sienna · Santa Rita Middle · Legacy Ranch

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
2913 Zuni Path
Bluffview Reserve
$549,900 $192 5 bd / 5 ba 2,865 sqft , 2026-05-13
113 Tanali Trl
Rancho Sienna Sec 16
$549,900 $178 4 bd / 4 ba 3,086 sqft , 2026-09-25
1421 Magnolia Farm Way
Lively Ranch
$497,999 $156 4 bd / 3 ba 3,198 sqft , 2026-11-04
3001 Ottawa St
Bluffview Reserve
$584,990 $185 5 bd / 3 ba 3,154 sqft , 2026-02-20
324 Santa Maria St
Rancho Sienna
$479,999 $191 4 bd / 3 ba 2,519 sqft , 2026-07-30

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
$2,568/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
$107,000
20% conventional investment loan

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

Estimated Gross Rent+$2,568
Principal + Interest−$2,920
Property Tax (assumed ~2.1%)−$936
Insurance (assumed ~0.5%)−$223
Est. Monthly Cash Flow $-1,511

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 · 41 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. The written content was last updated on October 28, 2026.

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

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