Active Listing  ·  133 days on market

516 Texas Dr

Georgetown, TX 78633
$269,000
2 Bed 2 Bath 1,328 sqft $203/sqft Built 2001 0.16 acres 2-Car Garage Pool Sun City Georgetown Ph 04A Neighborhood 15 Pu

Freshly painted in July 2026, this move-in-ready home is ready for its next owner! Located in highly sought-after Sun City Texas, this beautifully maintained home offers a light, open layout, abundant natural light, and thoughtful updates throughout.

Enjoy easy living with luxury vinyl plank and tile flooring throughout—no carpet—plus a beautifully remodeled primary shower, generous cabinet space, and rare built-in garage storage. Step outside to a private backyard retreat featuring mature trees, custom stonework, lush landscaping, and an extended covered patio perfect for relaxing or entertaining.

As a resident of Sun City, you'll enjoy championship golf, pools, fitness centers, pickleball, walking trails, clubs, and endless social activities—all while enjoying the comfort of low-maintenance living.

At $203/sqft, this home is 11% 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

516 Texas Dr, Georgetown, TX 78633

Property Details

Price $269,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,328 sqft
Lot Size 0.16 acres (6,782.29 sqft)
Year Built 2001
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Sun City Georgetown Ph 04A Neighborhood 15 Pu
County Williamson
Zip Code 78633
$/sqft $203/sqft
Days on Market ,
HOA $110/Monthly
Annual Tax Est. $6,180.42
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT223508299
List Date March 24, 2026
Elementary School NA_Sun_City
Middle School NA_Sun_City
High School NA_Sun_City
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 →

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 · March 24, 2026 $297,500
Previous ask $270,000
Current ask $269,000
Reduced $28,500 (-9.6%) 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
1011 Janae Ct
Townhomes At Katy Crossing
$269,900 $255 2 bd / 2 ba 1,060 sqft , 2026-03-14
108 Granite Peak Cv
Sun City Georgetown Nbrhd
$269,900 $193 2 bd / 2 ba 1,397 sqft , 2026-03-24
106 Verbena Dr
Sun City Georgetown Ph 01 Neighborhood 08b Pu
$270,000 $234 2 bd / 2 ba 1,153 sqft , 2026-06-23
507 Thousand Oaks Blvd
Thousand Oaks Sec 2
$265,000 $218 3 bd / 2 ba 1,218 sqft , 2026-06-05
142 Sierra Rose Loop
Mcdaniel Park
$265,000 $185 3 bd / 3 ba 1,430 sqft , 2026-06-19

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
$1,291/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
$53,800
20% conventional investment loan

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

Estimated Gross Rent+$1,291
Principal + Interest−$1,468
Property Tax (~2.1% TX avg)−$471
Insurance (~0.5%)−$112
Est. Monthly Cash Flow $-760

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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