138 Penny LN, Georgetown TX 78633

Georgetown, TX 78633 | Gabriel Estates

Ed's Opinion of Value

$329,900 Ed's Estimate: $623,259 $799,000
Lowest Comp Recommended List: $611,000 to $636,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $623,259. To generate strong buyer interest while maximizing value, I'd price this between $611,000 and $636,000. Among the similar homes currently available in GABRIEL ESTATES, this price point stands out as competitive. 7 similar homes are currently available in GABRIEL ESTATES, creating a balanced market for this price range. The trend in 78633 shows prices have risen 0.6% in the past 6 months. 405 Allen CIR, Georgetown TX 78633 nearby adjusts to $664,776; a strong comparable. 4 comparable transactions in GABRIEL ESTATES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
3 Beds
2 Baths 2 Full
2,416 Sq Ft
1 Acres
1994 Built
4 Garage

About This Property

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NO HOA, 1.8% tax rate on an acre! Free 1 year interest rate buy down for qualified borrowers. Down payment assistance also available through preferred lender.138 Penny Lane is nestled in the quiet countryside community of Gabriel Estates, highlighting 1 acre wooded lots. This classically custom 3 bedroom + Office home boasts upgrades throughout. Find gorgeous onyx colored cabinetry, ample counter space, and a built-in desk in the updated galley style kitchen; beautiful bay windows border the breakfast nook and the large center island offers additional tabletop seating. Making a statement, find chair railing, crown molding, and a high tray ceiling in the formal dining room. Glass French doors lead into the study and a unique built-in bookshelf elevates this space. The living room’s wall of windows and wood-burning fireplace bring in abundant natural light while creating a cozy atmosphere. The oversized primary suite and elegantly remodeled primary bath features dual vanities, blond wood-like tile, and a lux walk-in shower with white stone pebbles and modern gray tile surround. Offering peaceful outdoor living, the expansive screened in patio maximizes your entertainment and dining options while overlooking a private backyard adorned with a koi pond, Pomegranate, Pear, Peach, and Fig trees. You'll love enjoying starlit, hot tub, evenings from the sprawling deck outback, accessible from both the living room or your private primary bedroom. The attached finished 2 car garage has been fitted with AC window air unit; additionally the detached 2 car garage includes an upgraded 50 amp outlet installation, making the perfect workshop. Georgetown's iconic Historic Square and Lake Georgetown, are just minutes away! Find major highways, restaurants, and bustling shopping districts nearby!

Features

  • Bookcases
  • Breakfast Bar
  • Built-in Features
  • Ceiling Fan(s)
  • High Ceilings
  • Tray Ceiling(s)
  • Granite Counters
  • Crown Molding
  • Double Vanity
  • Electric Dryer Hookup
  • Eat-in Kitchen
  • Entrance Foyer
  • French Doors
  • Kitchen Island
  • Multiple Dining Areas
  • No Interior Steps
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Walk-In Closet(s)
  • Washer Hookup

Location

Schools

School District Georgetown ISD
Elementary Jo Ann Ford
Middle School Douglas Benold
High School Georgetown

Property Details

Property Type Residential
Construction Brick Veneer, Masonry – All Sides
Roof Composition
Foundation Slab
Levels One
Flooring Tile
Cooling Ceiling Fan(s), Central Air, Electric
Heating Central, Electric, Fireplace(s)
Fireplace Living Room, Wood Burning
Exterior Gutters Full
MLS # 3527541
Garage 4 spaces (Attached)
Parking 4 spaces: Attached, Detached, Door-Multi, Garage Faces Side, RV Access/Parking, RV Gated, Workshop in Garage
Windows Blinds, Window Treatments
Security Smoke Detector(s)

Lot, Outdoor & Utilities

Lot Features Level, Trees-Large (Over 40 Ft)
Patio & Porch Covered, Deck, Enclosed, Patio, Screened
Fencing Fenced, Privacy, Wire, Wood
Other Structures Garage(s)
Water Public
Sewer Septic Tank
Utilities Electricity Available, Phone Available

HOA & Community

Community Features None

Tax Information

Annual Taxes (MLS) $9,533 (2025)
Assessed Value $524,045
Exemptions Homestead

Listing History

MLS# 3527541 64 days
Feb 2, 2026 Off Market
Jan 17, 2026 Pending
Jan 2, 2026 Price Change $550,000
Nov 12, 2025 Listed $575,000

Frequently Asked Questions About 138 Penny LN, Georgetown TX 78633

When was 138 Penny LN, Georgetown TX 78633 built?

138 Penny LN, Georgetown TX 78633 was built in 1994. It is brick veneer, masonry – all sides construction with 2,416 square feet on a 1 acre lot.

How much does 138 Penny LN, Georgetown TX 78633 cost?

138 Penny LN, Georgetown TX 78633 sold on February 2, 2026. Contact us for sale price details.

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