Active Listing  ·  49 days on market

701 Palo Duro Canyon Trl

Georgetown, TX 78633
$575,000
2 Bed 3 Bath 2,458 sqft $234/sqft Built 2011 0.41 acres 2-Car Garage Pool Heritage Oaks Sec 6

Welcome to Heritage Oaks, one of Georgetown’s premier 55+ communities. This home pairs high-end finishes with a private backyard courtyard, a large craft room and a huge workshop.

High-end hardwood floors run through the living areas. The great room features a built-in entertainment center and opens to the courtyard through folding glass doors. There’s even a retractable screen. The luxurious kitchen is finished with exotic granite countertops, a designer tile backsplash, premium appliances, and a built-in refrigerator. The kitchen also features a huge walk-in pantry, reverse osmosis, a warming drawer and a pot-filler over the stove.The primary suite has two walk-in closets, a walk-in shower, and dual vanities. Additional rooms include a private guest suite, a handsome office with high-end built-ins and a Murphy bed, plus a large craft room.Out back, the private yard has a true courtyard feel with a fireplace, garden and artificial turf. The large two-car garage is paired with a massive 520-square-foot workshop for hobbies, projects, and storage. The entire property is xeriscaped so there is no lawn to water or cut. 

Don’t miss this amazing opportunity to purchase this high quality home for entertaining inside and out, as well as crafting and hobbies!

At $234/sqft, this home is priced 3% above the Georgetown active market average of $228/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

701 Palo Duro Canyon Trl, Georgetown, TX 78633

Property Details

Price $575,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 2,458 sqft
Lot Size 0.41 acres (17,859.6 sqft)
Year Built 2011
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Heritage Oaks Sec 6
County Williamson
Zip Code 78633
$/sqft $234/sqft
Days on Market ,
HOA $660/Annually
Annual Tax Est. $9,299.95
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247703175
List Date September 24, 2026
Elementary School NA_Sun_City
Middle School NA_Sun_City
High School NA_Sun_City
School District Georgetown ISD

Georgetown ISD

NA_Sun_City · NA_Sun_City · NA_Sun_City

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 →

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
913 Indian Hawthorne Dr #GH-42
Gardens/Verde Vista
$564,990 $215 3 bd / 3 ba 2,633 sqft , 2026-04-17
317 Skyflower Dr
Gardens at Verde Vista
$590,000 $221 3 bd / 4 ba 2,673 sqft , 2026-10-15
109 Goldenrod Way
Sun City Georgetown
$550,000 $222 2 bd / 2 ba 2,473 sqft , 2026-09-10
521 Clubhouse Dr #GH-75
Gardens/Verde Vista
$539,990 $215 3 bd / 3 ba 2,506 sqft , 2026-04-17
600 Rosedale Blvd
Georgetown Village
$499,900 $193 3 bd / 2 ba 2,591 sqft , 2026-08-05

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
$2,760/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
$115,000
20% conventional investment loan

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

Estimated Gross Rent+$2,760
Principal + Interest−$3,138
Property Tax (assumed ~2.1%)−$1,006
Insurance (assumed ~0.5%)−$240
Est. Monthly Cash Flow $-1,624

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

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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 September 28, 2026.

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

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