Active Listing  ·  42 days on market

708 High Summit Dr

Georgetown, TX 78628
$779,900
4 Bed 3 Bath 3,121 sqft $250/sqft Built 2026 0.17 acres 2-Car Garage Pool Wolf Ranch South Fork

MLS# 7761898 - Built by Drees Custom Homes - Jan 2027 completion! ~ GEORGETOWN, TX: 4 BR,3 BA. Bristol Design at 3,000 SF. This stunning home delivers an elegant balance of open-concept living and thoughtfully defined spaces. At the center of the home, the spacious family room flows naturally into the kitchen and dining area, forming a welcoming gathering space filled with natural light. This open layout enhances connectivity while still allowing each area to function independently. The kitchen is designed to serve as a true hub of the home, offering generous workspace, ample storage and the opportunity to personalize finishes and features to reflect your individual style. The primary suite provides a private retreat thoughtfully positioned for comfort and convenience. Three additional bedrooms offer versatility, making them well-suited for family members or guests. This flexibility allows the home to evolve as needs change while maintaining a cohesive, timeless design. Virutal tours are for illustrative purposes only.

At $250/sqft, this home is priced 11% above the Georgetown active market average of $226/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

708 High Summit Dr, Georgetown, TX 78628

Property Details

Price $779,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 3,121 sqft
Lot Size 0.17 acres (7,318.08 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Wolf Ranch South Fork
County Williamson
Zip Code 78628
$/sqft $250/sqft
Days on Market ,
HOA $560/Semi-Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246379667
List Date September 10, 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.

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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
516 Alameda Ln
Wolf Ranch
$775,900 $261 5 bd / 4 ba 2,973 sqft , 2026-10-14
209 Overlook Ct
River Chase
$775,000 $272 4 bd / 3 ba 2,853 sqft , 2026-09-25
512 Alameda Ln
Wolf Ranch
$764,900 $299 4 bd / 4 ba 2,561 sqft , 2026-10-02
1908 Crimson Sunset Dr
Wolf Ranch
$794,900 $222 4 bd / 5 ba 3,580 sqft , 2026-01-22
1802 Crimson Sunset Dr
Wolf Ranch
$809,900 $213 4 bd / 4 ba 3,797 sqft , 2025-07-30

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
$3,744/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
$155,980
20% conventional investment loan

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

Estimated Gross Rent+$3,744
Principal + Interest−$4,256
Property Tax (~2.1% TX avg)−$1,365
Insurance (~0.5%)−$325
Est. Monthly Cash Flow $-2,202

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 13, 2026.

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