About This Home

Welcome to modern simplicity at its best! This comfortable home features an open floor plan with a spacious kitchen opening to the living area, complete with a large granite island and white cabinetry. Laundry is conveniently located on the main floor, while all three bedrooms are upstairs and filled with natural light. Enjoy an easy commute with quick access to Hwy 130 & I-35, plus proximity to Samsung, Dell, and Round Rock Outlet Mall.

At $195/sqft, this home is 14% below the Georgetown active market average of $227/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

940 Paddock Ln, Georgetown, TX 78626

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Property Details

Price $384,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths 1

Living Area 1,974 sqft

Lot Size 0.15 acres (6,577.56 sqft)

Year Built 2023

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Saddlecreek Ph 9

County Williamson

Zip Code 78626

$/sqft $195/sqft

Days on Market ,

HOA $70.84/Monthly

Annual Tax Est. $8,966.27

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT230496324

List Date May 29, 2026

Elementary School James E Mitchell

Middle School Wagner

High School East View

School District ,

Have Questions About This Property?

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

660 Pheasant Hill Dr
Oaks at San Gabriel $384,000 $179 4 bd / 3 ba 2,145 sqft , 2025-10-03

205 Wingstem Way
Nolina Sub Ph 1 Sec 2 $384,000 $199 3 bd / 2 ba 1,931 sqft , 2026-05-02

580 Gus Loop
Rancho San Gabriel $384,590 $207 4 bd / 3 ba 1,854 sqft , 2026-07-27

112 Trailing Lantana Dr #G
Gardens/Verde Vista $384,900 $195 2 bd / 3 ba 1,975 sqft , 2026-04-09

111 Village Park Dr
Georgetown Village Sec 04-B Pud $384,900 $216 3 bd / 2 ba 1,783 sqft , 2026-07-12

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

$1,843/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

$76,800

20% conventional investment loan

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

Estimated Gross Rent+$1,843

Principal + Interest−$2,096

Property Tax (~2.1% TX avg)−$672

Insurance (~0.5%)−$160

Est. Monthly Cash Flow $-1,085

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 →

940 Paddock Ln

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Georgetown, TX

More Luxury Homes in Georgetown

940 Paddock Ln

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Georgetown, TX

More Luxury Homes in Georgetown

Explore Austin Real Estate