$5,759 Closing Credit¹
#8983442, Marissa Holmes, Listing office: Compass RE Texas, LLC
$520,000 List price
505 Fair Oaks Dr Georgetown, TX 78628
$6,175
Closing credit¹
4 beds
3 full
2,913 sqft
0.2 acres
$179 / sqft
House
Property details
About 505 Fair Oaks Dr
Welcome to 505 Fair Oaks Drive — featuring one of the most sought-after floorplans in Georgetown! This spacious 4-bedroom, 3-bathroom home offers room for everyone, including a private first-floor mother-in-law suite and a dedicated office that can easily serve as a fifth bedroom. The open-concept kitchen, dining, and living area is a dream for both busy families and avid entertainers, bathed in natural light from striking picture windows that soar up to the dramatic ceilings. The primary suite is conveniently located on the main floor and includes a generous walk-in closet and a luxurious walk-in shower. Upstairs, you’ll find two secondary bedrooms, a shared full bath, and a large flex space—ideal for a playroom, media room, or second living area. Sitting on a unique corner lot, the oversized, flat backyard offers privacy with no direct neighbors behind or on the side—perfect for pets, play, or even a future pool. Owned solar panels provide energy efficiency with low utility bills and peace of mind with an existing warranty. Located in the charming Water Oak neighborhood, residents enjoy a community pool, playground, and an unbeatable location near schools, shops, and Georgetown’s historic downtown—proudly called “The Most Beautiful Town Square in Texas.” With its natural beauty, vibrant events, top-notch parks, and welcoming community, Georgetown continues to attract those seeking a high quality of life just outside the City of Austin.
Highlights
Home typeSingle Family Residence
HeatingCentral, Natural Gas
StatusActive
CoolingCentral Air, Ceiling Fan(s), Multi Unit(s)
Size2,913 sqft
Lot size0.157 Acres
Year built2017
ParkingAttached, Driveway, Garage, Garage Door Opener
MLS #2886428
Garage2 spaces
FireplaceLiving Room
ViewTrees/Woods
Summary
- Full Bathrooms: 3
- Appliances: Dishwasher, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Water Softener, Stainless Steel Appliance(s)
- Flooring Type: Carpet, Tile, Wood
- Interior: Breakfast Bar, Tray Ceiling(s), Ceiling Fan(s), Crown Molding, Double Vanity, French Door(s)/Atrium Door(s), High Ceilings, Interior Steps, Multiple Living Areas, Main Level Primary, Open Floorplan, Quartz Counters, Recessed Lighting, Walk-In Closet(s)
- Fireplace: Living Room
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Private Pool: No
- Parking: Attached, Driveway, Garage, Garage Door Opener
- Waterfront: None
- View: Trees/Woods
- Exterior: Rain Gutters
- Heating: Central, Natural Gas
- Cooling: Central Air, Ceiling Fan(s), Multi Unit(s)
- List Price: $520,000
- Price/SqFt: $178
- HOA Amount: $193 Quarterly
- Annual Tax Amount: $12,106
- Tax Year: 2024
- Lot: Sprinklers, Few Trees
- Directions: From Austin, follow I-35 N to Georgetown. Take exit 261 from I-35 N. Take a left at TX-29 W intersection. Turn left onto Water Oak Pkwy.
- Year Built: 2017
- Stories: 2
- Living Area: 2,913 SqFt
- Lot Size: 0.157 Acres
- MLS Number: 2886428
- MLS Name: ACTRIS
- Office Name: Moreland Properties
- Office Phone: (512) 263-3282
- Listing Agent: Hannah Lloyd
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Copyright 2025 Unlock MLS and Austin Central Texas Realty Information Services, Inc.
Listings courtesy of Unlock MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 6/7/2025, 1:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$520,000
505 Fair Oaks Dr
$6,175
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $534,079 | $12,106 |
| 2023 | $543,223 | $15,517 |
| 2022 | $447,383 | $15,517 |
| 2021 | $432,501 | $10,625 |
| 2020 | $393,183 | $10,953 |
| 2019 | $414,689 | $11,121 |
| 2018 | $385,092 | $11,126 |
| 2017 | $61,500 | $1,776 |
History based on county public records data.
Nearby schools
4
Wolf Ranch Elementary School
Public District EE-5
2.4 mi
•1201 Jay Wolf Dr
9
Parkside Elementary School
Public District KG-5
3.7 mi
•301 Garner Park Dr
7
Rancho Sienna Elementary School
Public District KG-5
3.9 mi
•751 Bonnet Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $112,500. The most common annual income of people living in Georgetown, TX is between $100k-200k. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
0%
<35k
42%
35k-100k
44%
100k-200k
14%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
9%
Single, No Kids
3%
Single, with Kids
45%
Married, No Kids
43%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
10%
12-17 yrs old
10%
18-34 yrs old
47%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Hunting
PGA/LPGA
NASCAR
Where do the neighbors shop?
Dick's Sporting Goods
Dillards
Stein Mart
Where do the neighbors go to eat?
Texas Roadhouse
Cracker Barrel
Hardee's
What do the neighbors drive?
Subaru
Cadillac
Lexus
What do the neighbors listen to?
New Country
News/Talk/Information
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 505 Fair Oaks Dr
The listing price of 505 Fair Oaks Dr property is $520,000.
The property 505 Fair Oaks Dr is a house located in Georgetown, Texas, 78628.
Active Listing: 505 Fair Oaks Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 505 Fair Oaks Dr are: Wolf Ranch Elementary School (GreatSchools Rating 4/10), Parkside Elementary School (GreatSchools Rating 9/10), Rancho Sienna Elementary School (GreatSchools Rating 7/10), Tippit Middle School (GreatSchools Rating 3/10), Benold Middle School (GreatSchools Rating 7/10), Santa Rita Middle School (GreatSchools Rating 7/10), Gateway Tech High School (GreatSchools Rating 6/10), Georgetown High School (GreatSchools Rating 6/10), Chip Richarte High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $12,106 (source: MLS/based on county public records data).
The property at 505 Fair Oaks Dr has 4 bedrooms and 3 bathrooms.
The property 505 Fair Oaks Dr is 2,913 SqFt (source: MLS/tax record).
The year of construction for 505 Fair Oaks Dr is 2017.
This home is located at 505 Fair Oaks Dr in Georgetown, TX and zip code 78628 in the Water Oak at San Gabriel neighborhood. This 2,913 square foot home, which was built in 2017, sits on a 0.16 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 6, 2025 and is currently priced at $520,000.
While more than 33 listings in Georgetown, TX in May 2025 were sold above asking price, there were more than 58 listings sold at asking price, and more than 155 were sold below. Between April and May 2025, Georgetown, TX real estate market has seen increase in the number of listings by 12.1%. While the average time on the market in May 2025 was 76 days, the median list price was $459,852.
From Rocket Homes Real Estate and based on county public records data.