
Beautifully maintained, like-new home in the desirable Watermill community offering a functional open-concept layout perfect for modern living. The spacious kitchen features granite countertops, stainless steel appliances, a large center island, and walk-in pantry overlooking the main living and dining areas. A secondary bedroom and full bath on the main level provide an ideal setup for guests or multi-generational living. Upstairs features a spacious primary suite, additional living space, and generously sized secondary rooms. Enjoy the covered patio and large backyard with plenty of room to entertain, relax, or create your ideal outdoor retreat. Conveniently located near IH-35 with easy access to Austin, San Marcos, shopping, and dining.
Property Type
Residential
Year Built
2024
Lot Size
0.12 acres
$/Sq Ft
$141
HOA
$47/mo
Garage
2 spaces
Listed by Levi Rodgers Real Estate Group
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
185 Gerasa DR is listed at $347,900 with 4 bedrooms, 3 full, 1 half bathrooms, 2,473 square feet, 0.12-acre lot.
185 Gerasa DR is zoned for HaysCONSISD with assigned schools: Hemphill (elementary), D J Red Simon (middle), Lehman (high). School assignments should be verified directly with the district.
185 Gerasa DR is a Residential built in 2024 featuring 4 bedrooms, 3 full, 1 half bathrooms, 2,473 square feet, 0.12-acre lot.
185 Gerasa DR 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.
With 20% down ($69,580) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 185 Gerasa DR is around $2,443 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
1 record on file
Every recorded sale and lease at 185 Gerasa DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listed with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $370,630 | $63,720 | $306,910 |

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% ($70K)
$347,900
Luxury property intelligence
A sourced read on WATERMILL pricing, timing, and property scale. No automated valuation claim.
List price
$347,900
Price per sqft
$141/sqft
Vs. WATERMILL median
Not available
Days on market
1 day
Original to current
No verified reduction
$347.9K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Aug 16, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
At $347,900, 185 Gerasa DR is in the WATERMILL market where there are currently 599 active listings in 78640. The Keenan Group has completed 6 transactions in 78640 as part of 1,000+ career sales totaling $1B+ across Austin.
185 Gerasa DR includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
185 Gerasa DR is part of a managed community with HOA dues of $47 monthly. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
2 events on record
Current Price
$347,900
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $370,630 | $63,720 | $306,910 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in WATERMILL
Active listings near 185 Gerasa DR