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Verified property facts
1242 S Austin Ave is listed at $1,975,000 with 5 bedrooms, 3 full, 1 half bathrooms, 4,675 square feet, 1.36-acre lot. This places it above the 78626 median of $662,500.
1242 S Austin Ave is zoned for Georgetown ISD with assigned schools: Annie Purl (elementary), James Tippit (middle), East View (high). School assignments should be verified directly with the district.
1242 S Austin Ave is a Residential built in 1908 featuring 5 bedrooms, 3 full, 1 half bathrooms, 4,675 square feet, 1.36-acre lot.
1242 S Austin Ave is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 1242 S Austin Ave is $32,754. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listed with current price, original ask, and market time.
In Historic Downtown Georgetown, the 1908 C.S. Belford-built Marsh F. Smith House is a Prairie Style masterpiece that exudes elegance. A spacious 4600 square feet of living space features the preserved original details one would expect from C.S. Belford, seamlessly blended with all the modern luxuries. Every detail has been thought of and masterfully maintained. Representing the best of American architecture, this is one of Georgetown’s most iconic properties. With a wrap-around porch with original swing, hardwood Maple flooring, plate rails in the dining room, stained glass accents, a commercial-grade kitchen and thoughtful updates throughout, this is a true must-see home! With 1.3 resort-style acres, meet outdoor living at its finest. With a luxury pool and spa, outdoor patios, a park-like backyard, carriage house perfect for hosting parties, a 4 car, oversized, detached garage and well water for irrigation, 1242 S. Austin Ave. is a true getaway right in the heart of Downtown Georgetown. The 5th bedroom upstairs, previously converted into a large master closet, could easily be made back into a bedroom. Estate has gated entrance from Forest Street and is walking distance to all Downtown Georgetown has to offer. Don’t miss this true masterpiece and once-in-a-lifetime property.
Property Type
Residential
Year Built
1908
Lot Size
1.36 acres
$/Sq Ft
$422
Garage
11 spaces
Pool
Yes
Listed by Give Realty, Inc
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking

Georgetown ISD
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($395K)
$1,975,000
Luxury property intelligence
A sourced read on Town Add pricing, timing, and property scale. No automated valuation claim.
List price
$1,975,000
Price per sqft
$422/sqft
Vs. Town Add median
Not available
Days on market
12 days
Original to current
No verified reduction
$2M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 6, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($395,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1242 S Austin Ave is around $12,977 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $1,975,000, 1242 S Austin Ave is in the Town Add market where there are currently 228 active listings in 78626. The Keenan Group has completed 3 transactions in 78626 as part of 1,000+ career sales totaling $1B+ across Austin.
1242 S Austin Ave was built in 1908 (118 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
1 event on record
Current Price
$1,975,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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