Active Listing  ·  182 days on market

516 Texas Dr

Georgetown, TX 78633
$258,500
2 Bed 2 Bath 1,328 sqft $195/sqft Built 2001 0.16 acres 2-Car Garage Pool Sun City Georgetown Ph 04A Neighborhood 15 Pu

Freshly painted in July 2026 and move-in ready, this beautiful 2-bedroom, 2-bath home offers comfortable, low-maintenance living in Sun City. The bright, open floor plan is filled with natural light and features luxury vinyl plank and tile flooring throughout, no carpet!!

Thoughtful updates include a beautifully remodeled primary shower, generous cabinet space, and rare built-in garage storage. The private backyard is a true highlight, with mature trees, custom stonework, lush landscaping, a peaceful greenbelt setting, and an extended covered patio ideal for morning coffee, quiet evenings, or entertaining friends.

Sun City residents enjoy access to championship golf courses, resort-style pools, fitness centers, pickleball courts, scenic walking trails, clubs, and an incredible variety of social activities. With its inviting layout, beautiful outdoor space, and easy-care finishes, this home is ready for its next owner to move in and begin enjoying the Sun City lifestyle.

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

516 Texas Dr, Georgetown, TX 78633

Property Details

Price $258,500
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 $195/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.

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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 · March 24, 2026 $297,500
Previous ask $259,500
Current ask $258,500
Reduced $39,000 (-13.1%) 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
125 Dickens Cir
Sun City Georgetown Neighborhood 24B Pud
$259,000 $182 2 bd / 2 ba 1,426 sqft , 2026-07-30
275 Bonham Loop
Sun City Georgetown Nbrhd 24 B
$265,000 $190 2 bd / 2 ba 1,397 sqft , 2026-09-10
104 Honey Creek Trl
Sun City Georgetown Neighborhood 24B Pud
$249,900 $179 2 bd / 2 ba 1,397 sqft , 2026-04-04
108 Granite Peak Cv
Sun City Georgetown Nbrhd
$269,900 $193 2 bd / 2 ba 1,397 sqft , 2026-03-24
317 Essex Ln
Sun City Georgetown Neighborhood 33 Pud
$240,000 $172 2 bd / 2 ba 1,397 sqft , 2026-04-20

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
$1,241/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
$51,700
20% conventional investment loan

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

Estimated Gross Rent+$1,241
Principal + Interest−$1,411
Property Tax (~2.1% TX avg)−$452
Insurance (~0.5%)−$108
Est. Monthly Cash Flow $-730

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

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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 11, 2026.

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