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$396,290

NAL Estimated Property Value

205 Bright Star Ln, Georgetown, TX, 78628

Recently SoldInfo
8/26/26
Beds4 Beds
Baths3 Bath
Baths2,311 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.23 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Dishwasher, Energy Star Qualified Appliances, Exhaust Fan, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Self Cleaning Oven, Stainless Steel Appliances, Tankless Water Heater
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesIn Wall Pest Control System, Lighting, No Exterior Steps, Outdoor Grill, Private Yard

Building Information

Year Built2020
Stories1
Garage Spaces2

Land Information

APNR-15-3330-031B-B025
Lot Number25
Land UseResidential
Legal DescriptionS12202 - MORNINGSTAR PH 3 SEC 1B, BLOCK B, LOT 25
Census Tract020120
Assessed Land Value$85,000
Assessed Improvement Value$311,290
Assessment Year2025

About this property

Located on a rare oversized corner lot close to 1/4 acre in Georgetown’s highly sought-after Morningstar community, this exceptional single-story home offers the perfect blend of luxury, comfort, and functionality in one of Central Texas’ fastest-growing zip codes, 78628. Known for its scenic Hill Country setting, top-rated schools, and convenient access to Austin’s tech corridor, residents enjoy quick access to Hwy 29, Ronald Reagan Blvd, 183A, I-35, plus nearby shopping, dining, Costco, and Target. Set on one of the larger lots in Morningstar, this beautifully upgraded 4-bedroom, 3-bath M/I Homes residence showcases award-winning craftsmanship and thoughtful design throughout. The versatile floorplan includes a private guest suite, dedicated teen retreat with bonus living area, secluded primary suite, and a flex room ideal for a home office, sitting room, or game room. The open-concept kitchen, dining, and living areas are designed for both entertaining and everyday living, featuring upgraded faucets, reverse osmosis water dispenser, new dishwasher, and new microwave. The living room is highlighted by a custom built-in fireplace with surrounding cabinetry and elegant board and batten wall treatment. Additional upgrades include four-side masonry construction, upgraded front door, new carpet, built-in closet systems in bedrooms, custom linen cabinetry, and a fully customized laundry room with additional storage. Step outside to enjoy the covered patio and custom BBQ area overlooking the expansive backyard and peaceful greenbelt setting. Morningstar is a premier master-planned community featuring resort-style amenities including 3 pools, soccer fields, sports courts, ziplines, parks, pavilions, scenic walking trails with fitness stations, and a stocked fishing pond—all while benefiting from lower HOA fees than neighboring Santa Rita communities. Zoned to highly rated Santa Rita schools, the neighborhood offers outstanding value and lifestyle appeal.

Investor Tools

Property Icon
$396,290
Estimated Property Value
$425,273Estimated Mortgage Balance
$396,290Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,610 /month
Positive
Cash Flow Estimate:
$870 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$647/month
$70/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$396,290
2025
$85,000
$311,290
$396,290
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$396,290

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
M/I Financial Llc
Va
$309,880
Yes
First
Oct 8, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$425,273
N/A
0%
107%
$2,818/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$2,888/mo
$-800/mo
6.3%

City: Georgetown

205 Bright Star Ln | Property Details | No Agent List