Active Listing  ·  8 days on market

721 Paddock Ln

Georgetown, TX 78626
$399,000
3 Bed 2 Bath 1,752 sqft $228/sqft Built 2023 0.15 acres 2-Car Garage Pool Saddlecreek

Beautifully maintained 3-bedroom, 2-bath home located on a quiet street with a welcoming, open floor plan, abundant natural light and private backyard with a refreshing swimming pool. Gently lived in and cared for, this home offers comfortable living spaces with a layout that is ideal for both everyday living and entertaining, inside and outside. The spacious primary suite provides a relaxing retreat with plenty of room for a sitting area or additional furnishings. A private office offers a dedicated space for working from home, hobbies, or study. The open kitchen, dining, and living areas create a seamless flow and are filled with natural light. A unique rear-entry garage adds convenience while keeping the front of the home clean and inviting. Step outside to enjoy the private backyard and refreshing swimming pool, perfect for the warm Texas days. With its quiet location, open floor plan, natural light, oversized primary suite, private office, rear-entry garage, and pool, this gently lived-in home offers comfort, functionality, and easy living. Agent and buyers should verify tax and school info.

At $228/sqft, this home is priced in line with the Georgetown market average of $228/sqft across 1,223 active listings. View Austin market report →

Location

721 Paddock Ln, Georgetown, TX 78626

Property Details

Price $399,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,752 sqft
Lot Size 0.15 acres (6,403.32 sqft)
Year Built 2023
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Saddlecreek
County Williamson
Zip Code 78626
$/sqft $228/sqft
Days on Market ,
HOA $67/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248201613
List Date September 30, 2026
Elementary School James E Mitchell
Middle School Wagner
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
117 Konik Rd
Saddlecreek Ph 2D
$399,900 $198 4 bd / 3 ba 2,022 sqft , 2026-07-22
232 Gidran Trl
Saddlecreek Ph 3
$385,000 $171 4 bd / 3 ba 2,246 sqft , 2026-08-27
116 Hares Foot Cv
Carlson Place
$379,000 $179 3 bd / 3 ba 2,121 sqft , 2026-07-26
306 Thunderbay Dr
Stonehedge Sec 02
$419,995 $179 4 bd / 3 ba 2,351 sqft , 2026-07-10
137 Falabella Trl
Saddlecreek Ph 1D
$424,500 $203 4 bd / 2 ba 2,093 sqft , 2026-06-17

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
$1,915/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
$79,800
20% conventional investment loan

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

Estimated Gross Rent+$1,915
Principal + Interest−$2,178
Property Tax (~2.1% TX avg)−$698
Insurance (~0.5%)−$166
Est. Monthly Cash Flow $-1,127

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 1, 2026.

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