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1001 Scenic DR
About This Property
One of the property's most valuable features is the detached accessory dwelling unit (ADU) above the garage. Complete with its own kitchen, bedroom, bathroom, living space, and dedicated parking, this turnkey guest residence is ideal for hosting family and friends, accommodating multigenerational living, creating a private office, or generating additional income.
The main residence offers more than 2,000 square feet of beautifully appointed living space with an open-concept floor plan, abundant natural light, and stunning finishes throughout. Designed for both entertaining and everyday comfort, the flexible layout includes three bedrooms plus a dedicated office that can easily function as a fourth bedroom, fitness room, media room, or playroom. Secondary bedrooms are connected by a Jack-and-Jill bath, while the upstairs bedroom enjoys the privacy of its own ensuite bath.
Outside, the backyard has been transformed into a private retreat. Mature landscaping, low-maintenance turf, a sparkling pool which can be heated for year round enjoyment and a built-in barbecue area which creates an ideal setting for relaxing weekends and memorable gatherings. A convenient powder bath located just inside from the outdoor living spaces makes pool days and entertaining effortless.
Offering luxury, flexibility, and an unbeatable location just steps from Georgetown's renowned restaurants, boutiques, coffee shops, and year-round events, this is a truly unique opportunity to own one of downtown Georgetown's most desirable properties.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 11, 2026 | Listed by Compass RE Texas, LLC | $1,450,000 | |
| Listed by Compass RE Texas, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017