Active Listing  ·  57 days on market

712 High Summit Dr

Georgetown, TX 78628
$699,900
4 Bed 3 Bath 2,536 sqft $276/sqft Built 2026 0.18 acres 3-Car Garage Pool New Construction Wolf Ranch South Fork

MLS# 1684870 - Built by Drees Custom Homes - Ready Now! ~ Discover a beautifully crafted quick move-in home in Wolf Ranch South Fork, offering the perfect blend of comfort, style and convenience in Georgetown, TX. This spacious single-story Huntley II floor plan features 2,500 square feet, 4 bedrooms, 3 bathrooms and a 2-car garage, designed to accommodate modern living with ease. The home showcases a bright, open-concept layout where the large kitchen island seamlessly overlooks the family room and dining area, creating an inviting space for both everyday living and entertaining. A cozy fireplace anchors the family room, adding warmth and charm, while a nearby media room provides a dedicated space for movie nights, gaming or relaxing at home. Thoughtfully designed for today's lifestyle, this home also includes a private home office and pocket office, offering flexible work-from-home options. The luxurious primary suite delivers a peaceful retreat, complemented by three additional bedrooms that provide comfort for family members or guests. Additional highlights such as a working pantry and family foyer enhance organization and functionality throughout the home. Located in the highly desirable Wolf Ranch South Fork community, residents enjoy access to resort-style amenities, scenic surroundings, and convenient proximity to shopping, dining and entertainment. This move-in ready Drees home is an ideal opportunity for buyers seeking a new construction home in Georgetown with modern design, flexible living spaces and a prime location.

At $276/sqft, this home is priced 21% above the Georgetown active market average of $229/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

712 High Summit Dr, Georgetown, TX 78628

Property Details

Price $699,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,536 sqft
Lot Size 0.18 acres (7,840.8 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Wolf Ranch South Fork
County Williamson
Zip Code 78628
$/sqft $276/sqft
Days on Market ,
HOA $560/Semi-Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT222724945
List Date July 28, 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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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 · July 28, 2026 $735,900
Previous ask $725,900
Current ask $699,900
Reduced $36,000 (-4.9%) 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
540 River Overlook Rd
Wolf Ranch South Fork
$699,900 $283 4 bd / 3 ba 2,474 sqft , 2026-06-01
524 Alameda Ln
Wolf Ranch
$699,900 $232 4 bd / 4 ba 3,023 sqft , 2026-07-09
3312 Double Spur Trl
Wolf Ranch - West Bend
$699,950 $243 4 bd / 4 ba 2,877 sqft , 2026-09-16
2328 Fielder Dr
Bluff Haven
$699,990 $220 4 bd / 4 ba 3,176 sqft , 2026-04-18
1533 Jay Wolf Dr
Wolf Ranch West Sec 1Bg
$699,800 $217 4 bd / 3 ba 3,226 sqft , 2026-03-15

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
$3,360/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
$139,980
20% conventional investment loan

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

Estimated Gross Rent+$3,360
Principal + Interest−$3,820
Property Tax (~2.1% TX avg)−$1,225
Insurance (~0.5%)−$292
Est. Monthly Cash Flow $-1,977

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 September 22, 2026.

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