Active Listing  ·  72 days on market

6117 LAKE TERAVISTA Way

Georgetown, TX 78626
$539,900
4 Bed 3 Bath 2,420 sqft $223/sqft Built 2017 3-Car Garage Pool TERAVISTA

Built by Perry Homes and located within Georgetown ISD, this beautiful 4-bedroom, 3-bath residence with 3-car tandem garage offers a light and bright interior with a thoughtfully designed open-concept layout perfect for everyday living and entertaining. The spacious kitchen, dining, and living areas flow seamlessly together, creating an inviting atmosphere throughout, complete with custom closets for added storage and style.

The private primary suite is a true retreat, featuring a beautifully renovated, spa-like bathroom complete with a large soaking tub, separate shower, and ample space to unwind. Practical updates add even more value, including a new water heater (2016) and a mini-split system installed in the 3-car tandem garage for year-round comfort and flexibility.

One of the home's standout features is its backyard — backing to greenbelt with just one neighbor on the side, offering a level of privacy that's hard to find. The expanded patio and custom pergola, added in 2023, create the perfect setting for relaxing evenings, morning coffee, or entertaining against a peaceful, natural backdrop.

Combining quality craftsmanship with comfort and style, this home offers the perfect blend of functionality and modern living. Conveniently located just minutes from I-35, this home provides easy access to Round Rock, Georgetown, shopping, dining, and major employers — all within Teravista, a master-planned community known for its amenities, home designs, and Hill Country views. Residents enjoy access to a championship 18-hole golf course, multiple pool complexes, a clubhouse, fitness center, parks, playgrounds, walking trails, ponds, and an amphitheater for outdoor events, making Teravista one of the area's most sought-after places to call home.

At $223/sqft, this home is priced in line with the Georgetown market average of $224/sqft across 1,320 active listings. View Austin market report →

Location

6117 LAKE TERAVISTA Way, Georgetown, TX 78626

Property Details

Price $539,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,420 sqft
Lot Size ,
Year Built 2017
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision TERAVISTA
County Williamson
Zip Code 78626
$/sqft $223/sqft
Days on Market ,
HOA $91.95/Monthly
Annual Tax Est. $10,645
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT235738562
List Date June 12, 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.

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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 · June 12, 2026 $575,000
Previous ask $544,900
Current ask $539,900
Reduced $35,100 (-6.1%) 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
3101 Rabbit Creek Dr
Teravista Ph 1 Sec 401
$539,900 $205 4 bd / 3 ba 2,637 sqft , 2026-08-05
1915 Kempwood Loop
Teravista
$535,000 $203 3 bd / 2 ba 2,630 sqft , 2026-04-10
4506 Western Lake Dr
Teravista Sec 21
$549,000 $204 4 bd / 3 ba 2,697 sqft , 2026-07-01
1937 Kempwood Loop
Teravista Sec 23
$549,900 $178 5 bd / 4 ba 3,082 sqft , 2026-06-08
1991 Canyon Sage Path
Teravista Sec 21
$550,000 $174 4 bd / 4 ba 3,162 sqft , 2026-06-13

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
$2,592/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
$107,980
20% conventional investment loan

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

Estimated Gross Rent+$2,592
Principal + Interest−$2,946
Property Tax (~2.1% TX avg)−$945
Insurance (~0.5%)−$225
Est. Monthly Cash Flow $-1,524

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 August 22, 2026.

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