Active Listing  ·  42 days on market

5717 Scenic Lake Dr

Georgetown, TX 78626
$365,000
4 Bed 2 Bath 1,776 sqft $206/sqft Built 2016 0.15 acres 2-Car Garage Pool Teravista

***If you uses Seller's preferred lender, lender will pay for the cost of a 1 year temporary rate buy-down, meaning your first 12 monthly payments of the loan will be calculated at a 1% lower-than-market rate!!***

Backing to a peaceful greenbelt in the sought-after Teravista community, this beautifully maintained home offers comfortable, low-maintenance living in Georgetown. Built in 2016, the thoughtfully designed floor plan, recent improvements, serene backyard setting, and exceptional community amenities make this home an excellent opportunity for first-time buyers, downsizers, or anyone seeking easy single-story living near Georgetown and Round Rock.

A beautiful iron front door welcomes you inside, where high ceilings and arched architectural details create an open and inviting feel. The spacious kitchen, dining, and living areas flow together for easy everyday living and entertaining. The kitchen features granite countertops, stainless steel appliances, a breakfast bar, extensive cabinetry, and a dedicated coffee area, while built-in cabinets and bookshelves create a functional focal point in the living room. The primary suite includes a double vanity, walk-in shower, and spacious walk-in closet.

Notable improvements include a recently replaced HVAC, recent CARPET, added INSULATION, a reverse osmosis system, an updated microwave, driveway stabilization, and a porch fan. Outside, enjoy the covered patio, approximately $10,000 lower deck, fenced backyard, sprinkler system, and peaceful greenbelt view with no rear neighbors.

Located in amenity-rich Teravista, residents enjoy access to pools, fitness facilities, sports courts, playgrounds, walking and biking trails, a dog park, clubhouse, and golf. Conveniently located just 7 minutes from the Round Rock Premium Outlets and less than 15 minutes from Georgetown's Historic Downtown Square, this home offers the perfect blend of convenience, community, and peaceful outdoor living.

At $206/sqft, this home is 10% 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

5717 Scenic Lake Dr, Georgetown, TX 78626

Property Details

Price $365,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,776 sqft
Lot Size 0.15 acres (6,751.8 sqft)
Year Built 2016
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Teravista
County Williamson
Zip Code 78626
$/sqft $206/sqft
Days on Market ,
HOA $90/Monthly
Annual Tax Est. $7,329.61
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240886115
List Date August 27, 2026
Elementary School Carver
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.

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
4498 Heritage Well Ln
Teravista
$365,000 $174 4 bd / 2 ba 2,100 sqft , 2026-09-09
1510 Crested Butte Way
La Conterra Sec 2
$360,000 $153 4 bd / 3 ba 2,358 sqft , 2026-09-30
226 Animas Dr
La Conterra Sec 3-B
$359,000 $181 4 bd / 2 ba 1,982 sqft , 2026-08-14
425 Conchillos Dr
LA CONTERRA
$378,500 $221 3 bd / 2 ba 1,709 sqft , 2026-07-27
308 Los Cobos Ln
La Conterra North Ph 2
$379,990 $190 3 bd / 3 ba 2,001 sqft , 2026-04-24

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
$1,752/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
$73,000
20% conventional investment loan

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

Estimated Gross Rent+$1,752
Principal + Interest−$1,992
Property Tax (~2.1% TX avg)−$639
Insurance (~0.5%)−$152
Est. Monthly Cash Flow $-1,031

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 October 5, 2026.

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