Ranch home in Georgetown, TX
Set in Georgetown, TX, this Ranch home provides 2 bedrooms and 2 bathrooms across 1,127 square feet. The listing highlights an attached garage.
| Price | $278,888 |
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| Beds | 2 |
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| Baths | 2 |
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| Sqft | 1127 |
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| Architectural style | Ranch (50% match) |
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| Address | 196 Prairie Springs Loop, Georgetown, TX 78626 |
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Why buy this home
- Confirmed Ranch architecture, matched from the listing photos by Enzo's vision model.
- Features: attached garage.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced below comparable homes.
- At $279K, this home is 28% below the $389K median for 2116 similar Ranch homes in Austin, TX.
- That works out to $247 per square foot, 9% above the $227 comparable rate.
| This home | $278,888 |
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| Ranch median in Austin, TX | $389,000 (2116 homes) |
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| Price per sq ft | $247 vs. $227 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $2,022/month with 20% down at a 7.28% 30-year fixed rate. You would need about $86,639 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,527/mo |
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| Property tax (new-buyer reassessed rate) | $390/mo |
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| Homeowners insurance | $105/mo |
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| Total monthly | $2,022/mo |
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| Down payment (20%) | $55,778 |
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| Income needed | $86,639/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C (57 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C (57/100) |
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| Beats renting in | 7% of modeled paths |
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| Modeled 5-yr equity (median) | $121,487 |
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| Range (10th to 90th pct) | $69,072 to $186,659 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Austin, TX where local data is thin.
Local home values
Typical home values in Austin, TX have fallen about 14% over the past 5 years (-5% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Estately