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2352 Sawdust Dr
D- Composite 39.33
Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • ARV discount +15.0/15.0
  • Cash flow +5.9/30.0
  • Condition / age +4.8/5.0
  • Schools +4.3/10.0
  • Livability +4.1/5.0
  • 1% rule +3.1/10.0
  • Rent growth +2.0/5.0
  • DSCR +0.2/10.0
  • Appreciation +0.0/10.0

$310,500

2352 Sawdust Dr · Georgetown, TX 78633
4 bd · 3.5 ba · 1,953 sqft · SingleFamily public records · 117 Days on market
Built 2023 Excellent condition 4,791 sqft lot 2-car garage $159/sqft · 21% below area Est $393k · 21% under $50/mo HOA · 2% of rent ↓ 5% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

Welcome to this stunning 2023 Brightland home in the sought-after Parmer Ranch community, a charming and beautiful home brimming with amenities including a pool, basketball courts, and more! Step into modern charm with this like-new home that offers a prime location and exceptional amenities. From the low-maintenance lawn to the striking stone-accent elevation, this home exudes class and style. Inside, enjoy tall ceilings, sleek vinyl plank flooring, and an abundance of natural light in the open-concept living space. The chef’s dream kitchen boasts stainless steel appliances and ample storage. Don't miss this must-see property!

Key facts

  • Tall ceilings
  • Low-maintenance lawn
  • Pool

Tags

PARMER RANCH COMMUNITYPOOLBASKETBALL COURTSLOW-MAINTENANCE LAWNSTONE-ACCENT ELEVATIONTALL CEILINGS

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 4-bed/3.5-bath single-family listed at $310k. Condition is rated excellent.

Deal economics

  • At list price, monthly cash flow is $-614 ($-7k/yr) — negative.
  • To cash-flow at today's rent, offer at most $202k (34.9% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $252k (19.0% below list).
  • Recommended offer: $202k (34.9% below list) — sets the bar for cash-flow.
  • Cap rate 3.9% vs local median 2.5% in Georgetown — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 82/100 on livability (#18 in TX, #1,294 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, housing A+, health & safety A+; Watch: commute F.
  • Georgetown ISD (suburban): math 31% / reading 38% proficiency, ranked #474 of 826 in TX (top 57%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Jo Ann Ford El (math 47% / reading 57%, grade C-, #742 of 4,322 statewide, top 19%, 527 students, 16% FRL); Charles A Forbes Middle (math 33% / reading 39%, grade F, #805 of 1,662 statewide, top 50%, 670 students, 40% FRL); Georgetown H S (math 29% / reading 51%, grade F, #809 of 1,632 statewide, top 50%, 2,013 students, 27% FRL).
  • Market conditions: Rents soft (-1.9%/yr); 1043 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals lingering (median 38d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 67% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 7,543 units permitted in Williamson County in 2024 (1,425 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
  • Williamson County population projected at +69% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 117 days — a 9% lower offer ($283k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts; this cycle's ask has dropped $16k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: property tax is 3.1% of price.
Recommended offer $202,062 (34.9% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 117 days. Have you received any prior offers? Is the seller open to a 35% concession, seller financing, or rate buy-down credit?
  3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
0.81%
Cap rate
3.92%
Cash-on-cash
-8.47%
DSCR
0.62
GRM
10.3

CMA / ARV

ARV (median comp)
$392,633
List price
$310,500
Delta
-20.92%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1709 Garret Oaks Ln 0.16mi 3/2.0 (-1) 1,964 (+1%) 4mo $365,998 $186 77
108 Charro Ct 0.21mi 3/2.0 (-1) 1,964 (+1%) 4mo $370,998 $189 75
344 Ridgewell Loop 0.43mi 4/3.0 1,922 (-2%) 4mo $389,000 $202 72
505 Estacado Ln 0.55mi 4/3.0 1,942 (-1%) 7mo $464,900 $239 65
200 Ridgewell Loop 0.48mi 3/2.0 (-1) 1,931 (-1%) 4mo $379,946 $197 61
316 Millbend Rd 0.34mi 3/2.0 (-1) 2,041 (+4%) 6mo $379,875 $186 60
508 Raleigh Dr 0.33mi 3/3.0 (-1) 2,142 (+10%) 4mo $438,636 $205 58
336 Ridgewell Loop 0.45mi 3/2.0 (-1) 2,041 (+4%) 5mo $399,000 $195 56
1129 Stonehill Dr 0.57mi 3/2.0 (-1) 1,910 (-2%) 4mo $420,000 $220 55
1016 Rollingwood Trl 0.43mi 3/2.0 (-1) 2,114 (+8%) 2mo $493,825 $234 54
1028 Stonehill Dr 0.69mi 5/3.0 (+1) 2,003 (+3%) 5mo $349,999 $175 52
120 Alistair Dr 0.70mi 3/2.0 (-1) 2,086 (+7%) 1mo $434,625 $208 44

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
-35.5%
Equity multiple
-0.11×
Total profit
$-96,467
Equity at exit
$46,297
10-year hold
IRR
-77.6%
Equity multiple
-0.86×
Total profit
$-161,552
Equity at exit
$26,846

Cash invested: $86,940 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Texas
87 Strongly Landlord-Friendly · R+5
County
— inherits STATE
City
— inherits STATE
3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
76 active · 13 under contract
Months of supply
15.7 mo (6%/mo absorbed)
Median asking
$447,038 ($210/sqft)
Median days on market
104 d
This list price
lowest-priced of the active set
ARV vs active asking
-4.4% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 78633

Rents YoY
-1.9%
Active inventory
1043
Price-to-rent
10.3×

Monthly cashflow live

Estimated rent
$2,516 high interval (Pro) →
Mortgage (P&I)
$1,628
Tax from tax record
$794 /mo · $9,530/yr
Insurance
$129
HOA
$50
Vacancy / Maint / Mgmt
$528
Net cashflow
$-614

Break-even live

Break-even rent $3,294
Max offer price $202,062
Occupancy floor

Sensitivity live

Price -10% $-438 -5% $-526 +0% $-614 +5% $-702 +10% $-790
Rent -10% $-813 -5% $-713 +0% $-614 +5% $-514 +10% $-415
Rate -1.0pp $-457 -0.5pp $-535 base $-614 +0.5pp $-694 +1.0pp $-776

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$77,625
Closing costs
$9,315
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 18 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2308 Sawdust Dr Georgetown, TX 3.0 2.5 2345 $2,995 $1.28 34d 1 0.06mi
1336 Kneehigh Ln Georgetown, TX 3.0 2.5 2227 $2,600 $1.17 63d 1 0.14mi
1328 Kneehigh Ln Georgetown, TX 4.0 3.5 2415 $2,500 $1.04 37d 1 0.14mi
1357 Kneehigh Ln Georgetown, TX 4.0 2.5 2199 $2,350 $1.07 38d 1 0.17mi
1357 Kneehigh Ln Georgetown, TX 4.0 2.5 2199 $2,500 $1.14 52d 1 0.17mi
29600 Ronald W Reagan Blvd Georgetown, TX 1.0–3.0 1.0–2.0 997 $2,274 $2.28 9d 30 0.28mi
416 Ridgewell Loop Georgetown, TX 3.0 2.0 2114 $2,550 $1.21 93d 1 0.38mi
125 Raleigh Dr Georgetown, TX 4.0 3.0 2493 $2,800 $1.12 93d 1 0.58mi
1024 Tipton St Georgetown, TX 3.0 2.0 1449 $1,899 $1.31 30d 1 0.67mi
29606 Ronald Reagan Blvd Georgetown, TX 3.0 2.0 1527 $2,141 $1.40 9d 1 0.70mi
200 Coda Xing Georgetown, TX 3.0 2.0 1300 $2,100 $1.62 18d 1 0.72mi
217 Coda Xing Georgetown, TX 3.0 2.5 1700 $2,200 $1.29 24d 1 0.73mi
217 Coda Xing Georgetown, TX 3.0 2.5 1784 $2,100 $1.18 22d 1 0.73mi
132 County Road 247 Georgetown, TX 4.0 3.0 2432 $2,195 $0.90 93d 1 0.81mi
1212 Tipton St Georgetown, TX 3.0 2.5 1832 $2,300 $1.26 42d 1 0.84mi
416 Coda Xing Georgetown, TX 3.0 2.0 1437 $2,000 $1.39 57d 1 0.88mi
416 Coda Xing Georgetown, TX 3.0 2.0 1437 $2,000 $1.39 61d 1 0.88mi
401 County Road 248 Georgetown, TX 4.0 2.0 1624 $2,250 $1.39 9d 1 1.21mi

Property features AI

Finance

HOA & community
HOA: Goodwin and CompanyAnnual association fee of $600

Exterior

Parking
Attached 2-car garage
Utilities
Public waterPublic sewer
Home design
Residential propertyBuilt in 2023Slab foundationComposition roof
Construction
Brick and cement siding construction
Exterior features
Concrete road accessLocated in a subdivision

Interior

Kitchen
DishwasherGarbage disposalMicrowave
Bedrooms
Primary bedroom on the first floorThree additional bedrooms on the second floor (total 4 bedrooms)
Bathrooms
2 full bathrooms1 half bathroom
Heating & cooling
Central electric heatingCentral electric air conditioning
Interior features
Double vanity in bathsPrimary bedroom with private bathSoaking tubSeparate showerTub/shower comboVanity
Laundry & utility
Utility room on the first floor

HOA detail $50/mo · $600/yr

Likely covers
pool

Listing history 50 events

  1. 2026-08-08
    days on market $310,500 Active 117 DOM
  2. 2026-08-06
    days on market $310,500 Active 115 DOM
  3. 2026-08-05
    days on market $310,500 Active 114 DOM
  4. 2026-08-04
    days on market $310,500 Active 113 DOM
  5. 2026-08-03
    days on market $310,500 Active 112 DOM
  6. 2026-07-31
    days on market $310,500 Active 109 DOM
  7. 2026-07-30
    days on market $310,500 Active 107 DOM
  8. 2026-07-28
    days on market $310,500 Active 106 DOM
  9. 2026-07-26
    days on market $310,500 Active 104 DOM
  10. 2026-07-24
    days on market $310,500 Active 102 DOM
  11. 2026-07-23
    days on market $310,500 Active 101 DOM
  12. 2026-07-22
    days on market $310,500 Active 100 DOM
  13. 2026-07-21
    days on market $310,500 Active 99 DOM
  14. 2026-07-20
    days on market $310,500 Active 98 DOM
  15. 2026-07-18
    days on market $310,500 Active 96 DOM
  16. 2026-07-18
    days on market $310,500 Active 95 DOM
  17. 2026-07-16
    days on market $310,500 Active 94 DOM
  18. 2026-07-15
    days on market $310,500 Active 93 DOM
  19. 2026-07-14
    days on market $310,500 Active 92 DOM
  20. 2026-07-13
    days on market $310,500 Active 91 DOM
  21. 2026-07-13
    days on market $310,500 Active 90 DOM
  22. 2026-07-11
    days on market $310,500 Active 89 DOM
  23. 2026-07-10
    days on market $310,500 Active 88 DOM
  24. 2026-07-09
    days on market $310,500 Active 87 DOM
  25. 2026-07-07
    days on market $310,500 Active 85 DOM
  26. 2026-07-06
    days on market $310,500 Active 84 DOM
  27. 2026-07-06
    days on market $310,500 Active 83 DOM
  28. 2026-07-03
    days on market $310,500 Active 81 DOM
  29. 2026-07-02
    days on market $310,500 Active 80 DOM
  30. 2026-07-01
    days on market $310,500 Active 79 DOM
  31. 2026-06-30
    days on market $310,500 Active 78 DOM
  32. 2026-06-29
    days on market $310,500 Active 77 DOM
  33. 2026-06-28
    days on market $310,500 Active 76 DOM
  34. 2026-06-27
    days on market $310,500 Active 75 DOM
  35. 2026-06-26
    days on market $310,500 Active 74 DOM
  36. 2026-06-24
    days on market $310,500 Active 72 DOM
  37. 2026-06-22
    days on market $310,500 Active 70 DOM
  38. 2026-06-21
    days on market $310,500 Active 69 DOM
  39. 2026-06-18
    days on market $310,500 Active 66 DOM
  40. 2026-06-17
    days on market $310,500 Active 65 DOM
  41. 2026-06-16
    days on market $310,500 Active 64 DOM
  42. 2026-06-15
    days on market $310,500 Active 63 DOM
  43. 2026-06-13
    days on market $310,500 Active 61 DOM
  44. 2026-06-09
    days on market $310,500 Active 57 DOM
  45. 2026-06-08
    days on market $310,500 Active 56 DOM
  46. 2026-06-07
    days on market $310,500 Active 55 DOM
  47. 2026-06-03
    days on market $310,500 Active 51 DOM
  48. 2026-06-02
    days on market $310,500 Active 50 DOM
  49. 2026-06-01
    days on market $310,500 Active 49 DOM
  50. 2026-05-31
    days on market $310,500 Active 48 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

Current annual tax
$9,530 · $794/mo
Projected year-2 tax
$9,530 · $794/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$30,198
− Mortgage interest
−$17,393
− Property taxes
−$9,530
− Insurance
−$1,552
− Repairs & maintenance
−$2,416
− Management
−$2,416
− HOA
−$600
− Depreciation
−$9,033
Taxable loss
−$12,742
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$3,058
After-tax cash flow
$-4,308/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 3 photos

Excellent 95/100 None rehab

This stunning 2023 Brightland home in Parmer Ranch is move-in ready with excellent condition and modern amenities. It offers a prime location and exceptional features, making it a must-see property.

Value-add opportunities

  • Both Landscaping improvements — Enhances curb appeal and adds value.
  • Both Painting exterior and interior — Fresh paint can make the home look newer and more appealing.
  • Resale Upgrade kitchen appliances — Modernizing the kitchen can attract more buyers.
  • Both Install smart home features — Enhances convenience and adds value for both buyers and renters.
F Composite school gradezoned avg 43/100

Zoned Schools

Elementary Jo Ann Ford El C- TX #742/4,322 Nat'l #11,263/41,679 Middle Charles A Forbes Middle F TX #805/1,662 Nat'l #7,206/14,009 High Georgetown H S F TX #809/1,632 Nat'l #8,112/17,239

Schools (NCES district)

District
Georgetown ISD
NCES district ID
4820600
Math proficiency
31% ▼ -5.00%
Reading proficiency
38% ▼ -8.00%
Median HH income
$69,461
Composite
31.77/100
National rank
#5897
State rank
#474 of 826 in TX
A Composite livability gradescore 82/100

Livability — Georgetown

Score
82/100
State rank
#18
US rank
#1294

Category grades

Amenities A+ Commute F Cost of living B- Crime B+ Employment A- Housing A+ Health & safety A+ User ratings B

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Williamson County · 699,027 people
City population
128,203
Metro
Austin-Round Rock-Georgetown, TX
Population (ZIP)
29,309
Household income
$100,936
Rent vs Own
8.3% rent · 91.7% own
Severe rent burden
9% of renters

Population outlook (Williamson County) Hauer SSP2

Today (2025)
699,027 people
By 2030
795,537 · +13.8%
By 2040
990,683 · +41.7%
By 2050
1,184,292 · +69.4%
By 2075
1,623,825 · +132.3%
By 2100
1,924,153 · +175.3%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (87%)
Race & ethnicity
White 87% Hispanic / Latino 7% Two or more races 5% Asian 2%
Hispanic origin (detail)
Mexican 5%
Common ancestry
Romanian 4% Serbian 3% Slovak 3%
Foreign-born
6% · Canada, South Korea
Languages at home
94% English-only · Spanish 3% Korean 1% Other Asian/Pacific 1%

Political lean MEDSL · Williamson

2024 margin
Toss-up / Even · D 48.0% · R 50.4% · Other 1.6%
2008→2024 swing
+10.6pp toward D · 2008: -13.0pp · 2024: -2.5pp
All cycles
2024: R+2.5 2020: D+1.4 2016: R+9.9 2012: R+21.5 2008: R+13.0

Not yet ingested

Civics

Price history

-5.0% since first listed
5 events — show timeline
  • 2026-04-22 Price Changed $310,500 HARMLS
  • 2026-04-11 Listed $327,000 HARMLS
  • 2025-09-05 Price Changed Unlock MLS
  • 2025-07-14 Price Changed Unlock MLS
  • 2025-03-07 Listed Unlock MLS

Property tax history

+0.9%/yr

Latest (2026): $9,530 · -6.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…