About This Home

NEW CONSTRUCTION BY PULTE HOMES! Available June 2026! The two-story Mooreville at Crescent Bluff features an open first floor with large kitchen island and first floor guest bedroom including a full bath.

At $191/sqft, this home is 17% 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

605 Ridge Point Dr, Georgetown, TX 78628

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Property Details

Price $598,569

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 ,

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.

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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 23, 2026 $619,360

Current ask $598,569

▼ Reduced $20,791 (-3.4%) 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

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

601 Ridge Point Dr
Crescent Bluff $624,535 $183 5 bd / 4 ba 3,420 sqft , 2026-04-23

300 Dorothy Mae Cir
Parkside on the River $624,900 $235 4 bd / 4 ba 2,662 sqft , 2026-07-28

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

$2,873/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

$119,714

20% conventional investment loan

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

Estimated Gross Rent+$2,873

Principal + Interest−$3,267

Property Tax (~2.1% TX avg)−$1,047

Insurance (~0.5%)−$249

Est. Monthly Cash Flow $-1,690

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

About the Author

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 August 14, 2026.

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

605 Ridge Point Dr