Active Listing  ·  4 days on market

914 Garden Meadow Dr

Georgetown, TX 78628
$289,000
3 Bed 2 Bath 1,296 sqft $223/sqft Built 1985 0.23 acres 2-Car Garage Pool Williams Add Unit 07

Charming one-story home in the heart of Georgetown, offering 3 bedrooms and 2 baths across 1,296 sq ft on a spacious 0.23-acre lot. The open living area centers on a lovely stone fireplace, flowing into a galley kitchen outfitted with a gas range, built-in microwave, and stainless side-by-side refrigerator. Hard tile flooring runs through the main living spaces, with comfortable vinyl plank flooring in the bedrooms, and updated lighting fixtures brighten the home throughout. Comfort is covered year-round by an HVAC system installed in 2025, running on eco-friendlier R-32 refrigerant. The primary bedroom includes an en suite bath, while built-in shelving adds handy storage. Outside, the generous, fenced-in-feel lot includes a storage shed with room to garden, entertain, or simply spread out. Attached garage. No HOA. Zoned to Georgetown ISD (Frost Elementary, Douglas Benold Middle, Georgetown High). Convenient to downtown Georgetown and easy access to I-35.

At $223/sqft, this home is 3% below the Georgetown active market average of $229/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

914 Garden Meadow Dr, Georgetown, TX 78628

Property Details

Price $289,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,296 sqft
Lot Size 0.23 acres (10,018.8 sqft)
Year Built 1985
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Williams Add Unit 07
County Williamson
Zip Code 78628
$/sqft $223/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $5,299.12
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247274559
List Date September 19, 2026
Elementary School Frost
Middle School Douglas Benold
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.

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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
619 Parkline Dr
PARKSIDE CROSSING TOWNHOMES
$280,000 $185 3 bd / 2 ba 1,517 sqft , 2026-05-31
501 E Central Dr
WILLIAMS ADDITION UNIT 4
$280,000 $203 3 bd / 2 ba 1,376 sqft , 2026-07-10
1615 Park Ln
Gabriel Heights
$279,900 $222 3 bd / 2 ba 1,260 sqft , 2026-08-19
306 Lakeway Dr
Reata Trails
$299,900 $222 3 bd / 2 ba 1,348 sqft , 2026-06-24
404 Northwood Dr
Northwood Oaks
$278,000 $206 3 bd / 2 ba 1,349 sqft , 2026-02-21

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
$1,387/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
$57,800
20% conventional investment loan

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

Estimated Gross Rent+$1,387
Principal + Interest−$1,577
Property Tax (~2.1% TX avg)−$506
Insurance (~0.5%)−$120
Est. Monthly Cash Flow $-816

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 20, 2026.

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