Active Listing  ·  84 days on market

705 Algerita Dr

Georgetown, TX 78628
$375,000
4 Bed 2 Bath 2,039 sqft $184/sqft Built 2013 0.17 acres 3-Car Garage Pool Briarwood Sec 04

Welcome to this meticulously maintained 1,973-square-foot residence featuring 4 bedrooms, 2 bathrooms, and a spacious 3-car garage, ideally located near a quiet cul-de-sac in one of Georgetown’s desirable neighborhoods. One of the four bedrooms is currently used as a dedicated home office, providing the perfect space for remote work, hobbies, or a guest room.

Step inside to discover beautiful real hardwood floors throughout the main living areas, upgraded granite countertops throughout the home, an elegant full-stone kitchen backsplash, tile in all wet areas, and plush carpet in two secondary bedrooms. The open living room is warm and inviting, featuring a cozy fireplace and ceiling fans, while every bedroom is also equipped with ceiling fans for year-round comfort.

The spacious primary suite offers a private retreat with a relaxing soaking tub, separate walk-in shower, and an oversized walk-in closet.

Step outside to enjoy the peaceful backyard, which backs to a beautiful greenbelt and the Serenada area, providing added privacy with no rear neighbors. The home is within walking distance of a neighborhood park and just three miles from H-E-B, giving you the perfect balance of tranquility and convenience

At $184/sqft, this home is 19% below the Georgetown active market average of $226/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

705 Algerita Dr, Georgetown, TX 78628

Property Details

Price $375,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 2,039 sqft
Lot Size 0.17 acres (7,579.44 sqft)
Year Built 2013
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Briarwood Sec 04
County Williamson
Zip Code 78628
$/sqft $184/sqft
Days on Market ,
HOA $150/Annually
Annual Tax Est. $7,780.47
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242022127
List Date August 1, 2026
Elementary School Frost
Middle School Charles A Forbes
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 · August 1, 2026 $425,000
Previous ask $395,000
Current ask $375,000
▼ Reduced $50,000 (-11.8%) 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
134 Canyon Rd
Reata Trails Unit 03
$365,000 $198 3 bd / 2 ba 1,843 sqft , 2026-10-09
103 Village Dr
Village River Bend
$349,000 $184 3 bd / 2 ba 1,901 sqft , 2026-09-15
101 Horseshoe Trl
Reata Trails Unit 02
$329,000 $213 3 bd / 2 ba 1,541 sqft , 2026-09-24
306 Lakeway Dr
Reata Trails
$299,900 $222 3 bd / 2 ba 1,348 sqft , 2026-06-24
106 Stacey Ln
River Bend 05 Ph 03
$299,000 $203 3 bd / 2 ba 1,475 sqft , 2026-07-06

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
$1,800/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
$75,000
20% conventional investment loan

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

Estimated Gross Rent+$1,800
Principal + Interest−$2,047
Property Tax (~2.1% TX avg)−$656
Insurance (~0.5%)−$156
Est. Monthly Cash Flow $-1,059

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 October 23, 2026.

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