Active Listing  ·  336 days on market

701 Hays Hill Dr

Georgetown, TX 78633
$400,000
4 Bed 3 Bath 2,831 sqft $141/sqft Built 2019 0.22 acres 2-Car Garage Pool Gatlin Crk Condos

Spacious and modern, this 4-bedroom, 3-bath home in the desirable Gatlin Creek community offers 2,800+ sq. ft. of thoughtfully designed living space. The open-concept layout boasts abundant natural light, a gourmet kitchen with stainless steel appliances and a large island, and a cozy living area perfect for entertaining. Upstairs features a versatile flex space ideal for a home office or media room. Enjoy the covered patio and private backyard, perfect for outdoor gatherings. Located just minutes from Lake Georgetown, shopping, dining, and top-rated schools, this home combines style, comfort, and convenience. All information must be verified by the buyer or buyer's agent.

At $141/sqft, this home is 38% 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

701 Hays Hill Dr, Georgetown, TX 78633

Property Details

Price $400,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,831 sqft
Lot Size 0.22 acres (9,713.88 sqft)
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Gatlin Crk Condos
County Williamson
Zip Code 78633
$/sqft $141/sqft
Days on Market ,
HOA $100/Monthly
Annual Tax Est. $7,081.95
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT209650082
List Date October 21, 2025
Elementary School Jo Ann Ford
Middle School Douglas Benold
High School Georgetown
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 · October 21, 2025 $535,000
Previous ask $405,000
Current ask $400,000
Reduced $135,000 (-25.2%) 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
814 Boquilla Trl
Heritage Oaks Sec 1
$399,900 $182 3 bd / 2 ba 2,195 sqft , 2026-06-20
501 Wildwood Dr
Woodlake Ph 03
$425,000 $132 4 bd / 3 ba 3,224 sqft , 2026-09-22
2301 Limestone Lake Dr #43
Gatlin Creek Condos
$428,000 $158 4 bd / 3 ba 2,716 sqft , 2026-05-29
4504 Woodstock Dr
Woodlake
$365,000 $125 4 bd / 3 ba 2,917 sqft , 2026-06-19
107 Lantana Dr
Sun City Georgetown Ph 02 Neighborhood 10 Pud
$449,500 $189 3 bd / 3 ba 2,374 sqft , 2026-07-31

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
$1,920/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
$80,000
20% conventional investment loan

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

Estimated Gross Rent+$1,920
Principal + Interest−$2,183
Property Tax (~2.1% TX avg)−$700
Insurance (~0.5%)−$167
Est. Monthly Cash Flow $-1,130

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 →
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 29, 2026.

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