Active Listing  ·  149 days on market

520 High Summit Dr

Georgetown, TX 78628
$599,000
4 Bed 3 Bath 2,486 sqft $241/sqft Built 2026 0.14 acres 2-Car Garage Pool New Construction Wolf Ranch

Ready in September! This thoughtfully designed home beautifully blends open-concept living with refined comfort and exceptional everyday functionality. Soaring vaulted ceilings create an airy, welcoming atmosphere, while built-in appliances, spacious living areas, and abundant storage make the home as practical as it is stylish. The kitchen features a convenient hutch, adding extra storage and a polished touch to the heart of the home. The primary suite offers a relaxing retreat with a stunning primary bath featuring a freestanding tub with shower. Throughout the home, an open rail design adds architectural interest and enhances the home's open feel. Step outside to enjoy the extended outdoor living area, complete with a gas drop at the patio—perfect for future outdoor cooking and entertaining. An extra-long driveway provides plenty of parking for guests, adding even more convenience. Located just one block from award-winning community amenities and the brand-new dog park, this home offers an exceptional combination of thoughtful design, comfort, and an unbeatable location. Don't miss the opportunity to make this beautiful home yours this September!

At $241/sqft, this home is priced 5% above the Georgetown active market average of $229/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

520 High Summit Dr, Georgetown, TX 78628

Property Details

Price $599,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,486 sqft
Lot Size 0.14 acres (5,924.16 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Wolf Ranch
County Williamson
Zip Code 78628
$/sqft $241/sqft
Days on Market ,
HOA $1,120/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT227767929
List Date April 27, 2026
Elementary School Wolf Ranch Elementary
Middle School James Tippit
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.

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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 · April 27, 2026 $612,520
Previous ask $609,000
Current ask $599,000
Reduced $13,520 (-2.2%) 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
312 MADDOX Dr
Wolf Ranch
$599,000 $205 5 bd / 4 ba 2,926 sqft , 2026-09-03
112 Fox Run
Wolf Ranch
$599,000 $302 4 bd / 3 ba 1,984 sqft , 2026-09-09
512 Summer Place Ln
Wolf Ranch
$599,900 $223 4 bd / 3 ba 2,694 sqft , 2026-04-18
1700 Crimson Sunset Dr
Wolf Ranch
$614,000 $237 4 bd / 4 ba 2,593 sqft , 2026-02-18
307 S Ridge Cir
River Ridge Sec 02-A
$615,000 $254 3 bd / 3 ba 2,418 sqft , 2026-05-20

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
$2,875/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
$119,800
20% conventional investment loan

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

Estimated Gross Rent+$2,875
Principal + Interest−$3,269
Property Tax (~2.1% TX avg)−$1,048
Insurance (~0.5%)−$250
Est. Monthly Cash Flow $-1,692

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 20, 2026.

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