Active Listing  ·  203 days on market

605 Ridge Point Dr

Georgetown, TX 78628
$598,900
4 Bed 3 Bath 3,140 sqft $191/sqft Built 2026 0.17 acres 2-Car Garage Pool New Construction Crescent Bluff
605 Ridge Point Dr, photo 1
605 Ridge Point Dr, photo 2
605 Ridge Point Dr, photo 3
605 Ridge Point Dr, photo 4
605 Ridge Point Dr, photo 5
605 Ridge Point Dr, photo 6
605 Ridge Point Dr, photo 7
605 Ridge Point Dr, photo 8
605 Ridge Point Dr, photo 9
605 Ridge Point Dr, photo 10
605 Ridge Point Dr, photo 11
605 Ridge Point Dr, photo 12

About This Home

NEW CONSTRUCTION BY PULTE HOMES! Complete and ready! Truly one of a kind home with breathtaking canyon views and a beautiful greenbelt homesite. This exceptional property features a spacious 3-car garage, soaring ceilings, and a gourmet kitchen deigned for both entertaining. Located on a cul-de-sac road, this home truly has everything you've been looking for!

At $191/sqft, this home is 16% 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

605 Ridge Point Dr, Georgetown, TX 78628

Open in Google Maps ↗ Get Directions ↗

Property Details

Price $598,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 3,140 sqft
Lot Size 0.17 acres (7,492.32 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Crescent Bluff
County Williamson
Zip Code 78628
$/sqft $191/sqft
Days on Market ,
HOA $54/Monthly
Annual Tax Est. $2,291.08
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT227445244
List Date April 23, 2026
Elementary School San Gabriel
Middle School James Tippit
High School East View
School District Georgetown ISD

School District

Georgetown ISD

San Gabriel · James Tippit · East View

Have Questions About This Property?

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 · April 23, 2026 $619,360
Previous ask $598,569
Current ask $598,900
▼ Reduced $20,460 (-3.3%) 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
601 Ridge Point Dr
Crescent Bluff $599,900 $175 5 bd / 4 ba 3,420 sqft , 2026-04-23
3125 Holy Hl
Parkside on the River $599,900 $249 4 bd / 3 ba 2,410 sqft , 2026-07-28
212 Scenic Hills Cir
Crescent Bluff $589,000 $227 4 bd / 4 ba 2,600 sqft , 2026-09-16
129 Whistling Willow Dr
Crescent Bluff $609,221 $249 4 bd / 3 ba 2,442 sqft , 2026-06-03
1400 Bermuda Dr
Water Oak North Sec 6 $614,900 $203 4 bd / 4 ba 3,030 sqft , 2026-11-04

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
$119,780
20% conventional investment loan

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

Estimated Gross Rent+$2,875
Principal + Interest−$3,268
Property Tax (assumed ~2.1%)−$1,048
Insurance (assumed ~0.5%)−$250
Est. Monthly Cash Flow $-1,691

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

Loading…
View All Luxury Homes →

Explore Austin Real Estate

Austin Luxury Homes Sell a Luxury Home Homes with Pool Sell Home Over $2M Investment Properties Rental Properties 1031 Exchange Austin BRRRR Method Austin Austin Market Report Contact Luke Allen
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 November 3, 2026.

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

Save this home

Create a free account to save favorites and get new-listing alerts.

Already have an account? Log in instead