Active Listing  ·  107 days on market

616 High Summit Dr

Georgetown, TX 78628
$569,000
5 Bed 3 Bath 2,672 sqft $213/sqft Built 2026 0.13 acres 2-Car Garage Pool New Construction Wolf Ranch

Brand-new move-in ready Highland Home loaded with designer upgrades and perfectly timed for the new school year. This two-story home features a thoughtfully designed open-concept floor plan with soaring vaulted ceilings, abundant natural light, and a stunning kitchen showcasing a navy-blue island, modern backsplash, upgraded Café appliances, and ample storage. The main level offers a private primary suite with a bay window and spa-inspired bath featuring a large drop-in soaking tub with shower, plus a secondary bedroom and full bath, making it ideal for guests or multigenerational living. Enjoy the convenience of no carpet on the first floor and an extended covered patio with a gas drop for outdoor entertaining. Upstairs you'll find a spacious game room, three additional bedrooms, and a full bath, providing flexible living space for guests. Located just one block from the on-site elementary school and two blocks from resort-style community amenities including a fitness center, resort-style pool, splash pad, pickleball and basketball courts, plus miles of scenic hike and bike trails, this exceptional home offers the perfect combination of luxury, comfort, and convenience.

At $213/sqft, this home is 7% 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

616 High Summit Dr, Georgetown, TX 78628

Property Details

Price $569,000
Status Active Listing
Beds 5
Full Baths 3
Half Baths ,
Living Area 2,672 sqft
Lot Size 0.13 acres (5,837.04 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Wolf Ranch
County Williamson
Zip Code 78628
$/sqft $213/sqft
Days on Market ,
HOA $1,120/Semi-Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT235411864
List Date June 8, 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.

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 · June 8, 2026 $635,000
Previous ask $574,000
Current ask $569,000
Reduced $66,000 (-10.4%) 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
701 High Summit Dr
Wolf Ranch
$574,900 $224 4 bd / 3 ba 2,561 sqft , 2026-07-09
321 Ridgeway Ln
Bluff Haven
$574,990 $208 4 bd / 4 ba 2,765 sqft , 2026-04-19
325 Ridgeway Ln
Bluff Haven
$579,990 $193 4 bd / 5 ba 2,999 sqft , 2026-04-19
501 Texas Sky Dr
Wolf Ranch West Bend
$544,900 $229 4 bd / 3 ba 2,381 sqft , 2025-03-13
1149 Flying Cloud Trl
Wolf Ranch West Bend
$539,900 $225 4 bd / 3 ba 2,399 sqft , 2026-06-08

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
$2,731/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
$113,800
20% conventional investment loan

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

Estimated Gross Rent+$2,731
Principal + Interest−$3,105
Property Tax (~2.1% TX avg)−$996
Insurance (~0.5%)−$237
Est. Monthly Cash Flow $-1,607

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 →