$265,000

Property Overview

This three-bedroom, one-story home on Precipice Way presents exceptional value in Georgetown, TX, priced 14 percent below the area median at $265,000. Built in 2006 with solid bones, the 1,495-square-foot residence sits on a generous 5,619-square-foot lot and features recently updated mechanical systems including a newer roof, HVAC, and water heater. The home's main appeal lies in its strong foundation and significant equity potential for buyers willing to personalize the interior space.

The property benefits from Georgetown's desirable community amenities, including access to a neighborhood pool, park, and sport courts. Located minutes from Georgetown High School and Wolf Ranch, with convenient I-35 access, this address positions residents near the city's fastest-growing employment and retail corridors. The spacious backyard offers room for outdoor living or future improvements, while the straightforward floor plan provides flexibility for renovation projects.

Vox Residential Insight

At this price point with deferred cosmetic work, this property represents genuine opportunity in a market where Georgetown inventory moves quickly. The Vox Residential team sees strong potential for buyer-investors who understand the Georgetown market's appreciation trajectory and recognize that smart cosmetic updates here yield measurable returns.

Agent Description

Opportunity is knocking at 323 Precipice Way offering a 3 bedroom/2 bathroom 1 story home located in Georgetown, TX with a community pool, park, and sport courts, minutes to Georgetown High School, Wolf Ranch, and I-35. Now priced aggressively at $265,000, this Georgetown gem is the ultimate find for anyone looking to trade a little bit of paint and polish for instant equity. Forget about the stressful, expensive stuff—the big-ticket items are already checked off your list with a newer roof, HVAC system, and water heater. The bones are rock solid; all that’s missing is your creative vision. Whether you’re dreaming of modern wide-plank flooring or a fresh, contemporary color palette, this home is a clean slate ready for a transformation. With a spacious backyard and a price point that’s hard to beat in this market, this is the value play you’ve been waiting for. Photos have been virtually staged and altered.

Neighborhood: Georgetown

This property is located in Georgetown, Austin, TX. The area is known for Historic Downtown Square, Sun City 55+, Blue Hole, Fastest-Growing City, Charming Character.

At $177/sqft, this listing is priced 15% below the Georgetown median of $208/sqft.

Property Details

Listing data last updated: July 16, 2026

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