Active Listing  ·  14 days on market

644 Peace Pipe Way

Georgetown, TX 78628
$369,900
4 Bed 3 Bath 2,345 sqft $158/sqft Built 2020 0.26 acres 2-Car Garage Pool RIVERVIEW

Located in Georgetown’s Riverview community, this 4-bedroom, 3-full-bath home offers 2,345 square feet of living space on an oversized quarter-acre lot. The functional floor plan features three bedrooms on the main level, including the primary suite, with a fourth bedroom, full bath, and additional living/bonus room upstairs. The kitchen includes quartz countertops, a center island, and an open layout connecting to the main living area. Outside, the spacious, fully fenced backyard features a covered patio and plenty of room for entertaining or outdoor activities. Tall wood and stone fencing provides added privacy. Community amenities include a pool, splash pad, playground, sand volleyball court, and a walking path along the San Gabriel River. Conveniently located near shopping, dining, and schools, with easy access to I-35 and downtown Georgetown.

At $158/sqft, this home is 31% 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

644 Peace Pipe Way, Georgetown, TX 78628

Property Details

Price $369,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,345 sqft
Lot Size 0.26 acres (11,173.14 sqft)
Year Built 2020
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision RIVERVIEW
County Williamson
Zip Code 78628
$/sqft $158/sqft
Days on Market ,
HOA $175/Quarterly
Annual Tax Est. $10,558.81
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT251080671
List Date October 29, 2026
Elementary School Wolf Ranch Elementary
Middle School James Tippit
High School East View
School District Georgetown ISD

Georgetown ISD

Wolf Ranch Elementary · James Tippit · East View

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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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
1201 Lavender Way
Heights at San Gabriel
$372,990 $244 4 bd / 2 ba 1,531 sqft , 2026-05-12
517 Peace Pipe Way
Riverview
$375,000 $244 3 bd / 2 ba 1,535 sqft , 2026-09-30
145 Blue Blaze Trl
Wolf Ranch West Ph 1 Sec 6
$375,000 $184 4 bd / 3 ba 2,037 sqft , 2026-08-13
1209 Lavender Way
Heights at San Gabriel
$362,990 $237 4 bd / 2 ba 1,531 sqft , 2026-03-19
341 Peace Pipe Way
Riverview
$379,900 $217 4 bd / 2 ba 1,749 sqft , 2026-07-03

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
$1,776/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
$73,980
20% conventional investment loan

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

Estimated Gross Rent+$1,776
Principal + Interest−$2,019
Property Tax (assumed ~2.1%)−$647
Insurance (assumed ~0.5%)−$154
Est. Monthly Cash Flow $-1,044

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 · 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 →

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