Active Listing  ·  34 days on market

904 Elmwood Dr

Georgetown, TX 78628
$400,950
4 Bed 3 Bath 2,254 sqft $178/sqft Built 2006 0.16 acres 2-Car Garage Pool Georgetown Village Sec 07 Pud

Natural stone masonry frames a covered front porch with concrete flooring, creating a welcoming entrance to this two-story property in Georgetown. Traditional exterior styling pairs wood siding and cement siding with stone accents, a shingle roof, and rain gutters. A concrete driveway leads to the attached garage, offering convenient parking.

Inside, the open floorplan features a living room anchored by a fireplace and wood flooring. The kitchen area connects to the dining space and living room, featuring wood cabinetry, vinyl flooring, laminate flooring, and stainless steel appliances, including a dishwasher, refrigerator, freezer, built-in refrigerator, and ice maker. High ceilings and central air complement the main level, which also includes a dedicated laundry room equipped with a washer and dryer.

Comfortable bedrooms on the upper level feature carpet flooring, ceiling fans, and window treatments including blinds and drapes. One bedroom highlights a bay window that lets in natural light. The primary bathroom features ceramic tile flooring, a soaking tub, a glass-enclosed shower, a glass block window, and vaulted ceilings. A total of four bedrooms, two full bathrooms, and one half bathroom complete the interior space.

The exterior offers a private backyard fully enclosed by a wood fence. A covered patio provides space for outdoor relaxation, looking out over the green lawn of the 0.16-acre lot. This property provides a serene retreat while maintaining functional living spaces.

Schedule a tour of this classic Georgetown home today to experience its features firsthand.

At $178/sqft, this home is 22% below the Georgetown active market average of $228/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

904 Elmwood Dr, Georgetown, TX 78628

Property Details

Price $400,950
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,254 sqft
Lot Size 0.16 acres (6,982.67 sqft)
Year Built 2006
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Georgetown Village Sec 07 Pud
County Williamson
Zip Code 78628
$/sqft $178/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,580.57
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249423405
List Date October 9, 2026
Elementary School Raye McCoy
Middle School Charles A Forbes
High School Georgetown
School District Georgetown ISD

Georgetown ISD

Raye McCoy · Charles A Forbes · Georgetown

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
505 Bluehaw Dr
Georgetown Village Sec 09 Ph 01 Pud
$400,000 $169 3 bd / 3 ba 2,367 sqft , 2026-07-31
509 Sheepshank Dr
Creekside at Georgetown Village
$399,900 $159 3 bd / 2 ba 2,515 sqft , 2026-06-25
1805 Hammock Rd
Woodfield Preserve
$393,999 $136 5 bd / 3 ba 2,903 sqft , 2026-10-29
814 Boquilla Trl
Heritage Oaks Sec 1
$389,900 $178 3 bd / 2 ba 2,195 sqft , 2026-06-20
473 Sheepshank Dr
Creekside at Georgetown Village PUD PH 2
$385,000 $150 3 bd / 3 ba 2,567 sqft , 2026-11-05

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
$1,925/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
$80,190
20% conventional investment loan

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

Estimated Gross Rent+$1,925
Principal + Interest−$2,188
Property Tax (assumed ~2.1%)−$702
Insurance (assumed ~0.5%)−$167
Est. Monthly Cash Flow $-1,132

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 · 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 October 10, 2026.

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

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