Nestled between Highway 29 and the South Fork of the San Gabriel River lies a hidden gem for homebuyers—Water Oak at San Gabriel. This scenic Georgetown neighborhood offers a unique combination of natural beauty, modern conveniences, and a strong sense of community. Located on the picturesque San Gabriel River, Water Oak is a conservation community that encourages residents to interact with each other and the land around them. The developer plans to leave 360 acres of the neighborhood undeveloped to help maintain the natural setting that attracts so many people to Georgetown. Not only are nature’s amenities important to the developer, but the neighborhood’s amenities and walkability as well. The trail system throughout the neighborhood connects with Georgetown’s system of parks and trails and allows residents to walk to restaurants and shopping. If you’re looking for a newer home in a community that still believes in preserving the beauty of the land, Water Oak is just about the best place you can find. Whether you’re a first-time homebuyer or looking to relocate, Water Oak is worth exploring. This Water Oak neighborhood guide will take you through what makes Water Oak so special, from its picturesque landscapes to its expertly curated amenities. We’ll also cover nearby dining, shopping, and recreation options, as well as everything you need to know about living in this serene oasis. Scroll Down to Read Our Water Oak Neighborhood Guide.
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Water Oak Homes for Sale
SEARCH ALL WATER OAK HOMES FOR SALENo Email Required! Water Oak Neighborhood Map
Water Oak is located just south of Highway 29 and can be accessed from Water Oak Pky. Water Oak is shaded in blue on the map below. Explore other Georgetown neighborhoods in our Georgetown Neighborhood Guide. Scroll down to continue reading our Water Oak neighborhood guide.
What Does the Water Oak Neighborhood Look Like?
The first thing you’ll notice about Water Oak is its breathtaking backdrop. The neighborhood features hilly terrains, lush greenery, and homes that either back up to nature trails or overlook vast green spaces. Out of Water Oak's 755-acre master plan, 360 acres have been intentionally left undeveloped, ensuring residents enjoy a peaceful, natural setting.
Majestic oak trees—both mature and newly planted—line the streets, and yards are meticulously maintained, amplifying the neighborhood’s charm. The community design caters to individuals who appreciate living among nature while still wanting quick access to urban conveniences.
What Do the Homes in Water Oak Look Like?
Water Oak offers a mix of home designs to suit a range of preferences and budgets. Homes range from approximately 1,500 to 3,500 square feet. These homes are built with high-quality materials and careful attention to detail by trusted builders like Chesmar Homes, Grand Haven Homes, Scott Felder Homes, and Sitterle Homes.
Most homes come with modern layouts, large yards, plenty of natural light, and features that complement the scenic surroundings—think balconies with views or windows that look out onto greenbelt areas.
What’s It Like Living in Water Oak?
A Natural Wonderland
Living in Water Oak means waking up to the serenity of nature every day. The trails within the neighborhood connect directly to Georgetown’s extensive trail system, making it easy to enjoy morning walks, run along linear parks, or bike to nearby destinations like the San Gabriel River. Residents can also take advantage of access to Shadow Canyon Preserve and Garey Park, which offer countless pedestrian and equestrian trails as well as nature overlooks.
A Close Community
There’s a strong sense of camaraderie among Water Oak residents. You’ll often find neighbors gathering at the community pool or hosting picnics at one of the parks. It's the kind of neighborhood where people know each other by name and look out for one another.
A Lifestyle of Convenience
Water Oak strikes the perfect balance between a tranquil lifestyle and easy accessibility. Whether it's running errands, getting to school, or commuting to work, everything you need is close by. Local schools such as Wolf Ranch Elementary, Tippit Middle School, and East View High School—all part of Georgetown Independent School District—offer excellent education opportunities. Scroll down to continue reading our Water Oak neighborhood guide.
Water Oak Builders
Builders in Water Oak include:
- Chesmar Homes
- Grand Haven Homes
- Scott Felder Homes
- Wilshire Homes
- Sitterle Homes
Luxury Homes in Water Oak
If you’re searching for luxury homes in Water Oak, here’s the honest answer. No single-family home in Water Oak sold for $800,000 or more in the past 12 months, the price where luxury starts in the Georgetown market. The highest sale in that period closed at $635,000. None of the homes listed for sale when we pulled this data were priced above $509,000.
At the top of Water Oak’s price range, you’ll find newer homes of roughly 2,700 to 3,350 square feet on lots of about a fifth to a quarter acre. Builders in the neighborhood include Sitterle Homes, Scott Felder Homes, Grand Haven Homes, Chesmar Homes and Wilshire Homes, and many homes back to nature trails or overlook greenbelt. About 360 of the community’s 755 acres are planned to stay undeveloped, and you’ll have access to the San Gabriel River, Shadow Canyon Preserve and Garey Park.
If your budget starts at $800,000, or you want an estate-size home or a larger lot, our Georgetown Luxury Neighborhood Guide covers the Georgetown neighborhoods where those homes sell.
Source: Unlock MLS, single-family closed sales in Water Oak (78628), October 8, 2025 to October 8, 2026, plus active and pending listings as of October 8, 2026. Data pulled October 8, 2026. Deemed reliable but not guaranteed.
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Water Oak Amenities
Water Oak residents enjoy getting out in nature - whether it be on a bike or on foot. Water Oak is close enough to nearby shopping and restaurants that residents often bike there. They also enjoy several resident parks that include trailheads, pools, picnic pavilions, playscape and community buildings. In addition to the larger resident parks, the developer has also planned for smaller neighborhood parks, which will be located all throughout the community. 360 acres of Water Oak will be left undeveloped, which will allow residents to explore the natural setting around their neighborhood. The San Gabriel River runs through Water Oak and will be dedicated to the city for use in a regional parkway system. Residents will have access to the river as well as access to the Shadow Canyon Preserve, Linear Park and Garey Park which include pedestrian and equestrian trails and nature overlooks. Water Oak is one of the more amenitized Georgetown neighborhoods.
Water Oak's amenities are designed to provide a high quality of life for its residents. Key features include:
- Trail System & Green Space: Hike or bike along trails that connect with Georgetown’s larger trail network.
- Pools & Playscapes: Perfect for cooling off on a hot Texas afternoon.
- Parks: Spacious picnic and play areas.
- Fishing Spots & Scenic Areas: Relax or throw a line into the San Gabriel River.
Where Is the Water Oak Community Pool?
The community pool is at the Water Oak Amenity Center on Highwater Drive.
- Water Oak Amenity Center & Pool: 1001 Highwater Dr, Georgetown, TX 78628 (residents only)
Why Do Homebuyers Choose Water Oak?
The combination of stunning natural surroundings, thoughtfully designed homes, and modern amenities is a big draw for buyers. Water Oak also makes Georgetown’s historical charm and urban conveniences easily accessible.
Additionally, the neighborhood offers a sense of long-term value. Thanks to its conservation of green space and proximity to growing amenities (like new restaurants, stores, and services), it's a a community for homebuyers wanting to plant roots.
How’s the Commute to and From Water Oak?
Water Oak is ideally located for commuters. It provides easy access to Interstate 35, so whether you’re heading into Austin (just 30 miles away) or other areas in Georgetown, you'll enjoy smooth connectivity. The nearby Highway 29 also links to suburban hubs and retail destinations within minutes.
For those who work from home, high-speed internet and serene surroundings make Water Oak a fantastic remote-work location.
Water Oak Property Tax Rate
The property tax rate for Georgetown's Water Oak neighborhood is 2.4756% as of the 2025 tax rate, up from 2.4712% as of the 2024 year. It was 2.4382% as of the 2023 tax year, down from 2.603% as of the 2022 tax year. The property tax rate was 2.6918% as of the 2021 tax year.
Water Oak Schools
Homes in Georgetown's Water Oak neighborhood are served by the Georgetown ISD and are zoned to the following schools:
- San Gabriel Elementary - Not Yet Rated
- Tippit Middle - 6/10
- East View High - 5/10
School ratings reflect Great Schools ratings as of October 2026. Ratings are subject to change at any time. Please verify ratings and boundaries with the school district.
Water Oak Photos
Water Oak Sold Data - What Water Oak Homes Actually Sold For
What sold recently in Water Oak and for how much? Where can I find pictures of homes that actually sold? How many days does it take to sell a home in Water Oak? How many homes are currently for sale in Water Oak? What’s the median sold price in Water Oak? What does the 90 day historic market trend look like in Water Oak? How’s the Water Oak market trending?
All of these questions (and more!) can be answered on our Water Oak Sold Data Report.
Water Oak Market Stats — 12 Months (Aug 2025–Aug 2026)
| Homes Sold | 24 |
| Bed / Bath Range | 3–5 beds, 2–5 baths |
| Median Sale Price | $492,450 |
| Price Range | $395,000 – $635,000 |
| Median Price Per Sq Ft | $194 |
| Median Home Size | 2,604 sq ft |
| Median Days on Market | 38 days |
| Sale-to-List Ratio | 99% |
Data sourced from Unlock MLS. 12 months ending August 2026. Statistics deemed reliable but not guaranteed.
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Water Oak HOA Dues
| Water Oak at San Gabriel Homeowners Association, Inc. | $194 / quarterly |
Dues shown as reported and deemed reliable but not guaranteed. HOA fees, special assessments, and terms can change at any time. Buyers should confirm current dues directly with the HOA or management company before making an offer.
Water Oak Home Price History
Curious how home prices in Water Oak have trended? Here’s a five-year look at closed sales from 2022 through 2026 year-to-date.
| Year | Homes Sold | Median Sale Price | YoY | Price Range | Median $/SqFt | Median Home Size | Median Beds/Baths | Median DOM | Sale-to-List |
|---|---|---|---|---|---|---|---|---|---|
| 2022 | 25 | $599,340 | — | $473,445–$830,000 | $255 | 2,398 sq ft | 3 bd, 3 ba | 13 days | 100% |
| 2023 | 36 | $514,871 | ▼ 14.1% | $365,000–$699,000 | $212 | 2,417 sq ft | 3 bd, 3 ba | 66 days | 98% |
| 2024 | 44 | $509,000 | ▼ 1.1% | $374,410–$690,000 | $204 | 2,600 sq ft | 4 bd, 3 ba | 47 days | 97% |
| 2025 | 19 | $500,000 | ▼ 1.8% | $395,000–$639,000 | $205 | 2,484 sq ft | 3 bd, 3 ba | 81 days | 98% |
| 2026 YTD | 18 | $517,000 | ▲ 3.4% | $397,750–$635,000 | $201 | 2,640 sq ft | 4 bd, 3 ba | 31 days | 100% |
Data sourced from Unlock MLS (ACTRIS). 2026 figures reflect year-to-date sales through 09/12/2026. Year-over-year change is calculated against the most recent prior year with recorded sales. Statistics deemed reliable but not guaranteed.
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Water Oak Days on Market Trend
How fast are Water Oak homes selling? Here's a five-year look at how long homes sat on the market before going under contract, from 2022 through 2026 YTD.
| Year | Homes Sold | Median Days on Market | Avg Days on Market |
|---|---|---|---|
| 2022 | 25 | 13 days | 20 days |
| 2023 | 36 | 66 days | 95 days |
| 2024 | 44 | 47 days | 71 days |
| 2025 | 19 | 81 days | 95 days |
| 2026 YTD | 18 | 31 days | 33 days |
Data sourced from Unlock MLS. 2026 figures reflect year-to-date sales through September 2026. Statistics deemed reliable but not guaranteed.
Where Are the Best Coffee Shops to Work?
Remote workers and coffee lovers rejoice—Georgetown offers a mix of cozy cafés to grab a cup of coffee and set up shop for the day. Popular spots include:
- 309 Coffee - A charming, rustic café with a great patio.
- Cianfrani Coffee Co. - Known for its warm atmosphere and delicious local brews.
- Lamppost Coffee - A friendly and inviting space with reliable Wi-Fi and plenty of seating, perfect for productivity.
- Waterloo Coffee Company - A vibrant spot offering artisanal coffee and a quiet environment, ideal for focusing on work or enjoying a relaxing break.
Favorite Restaurants and Bars
When it’s time to enjoy a night out, residents love the culinary offerings in and around Water Oak. A few local favorites include:
- Blue Corn Harvest Bar & Grill - Tex-Mex with a local twist.
- Tony & Luigi’s - A classic Italian dining experience.
- South Fork Fun Food & Brew - A laid-back spot featuring live music, craft beer, and an eclectic menu perfect for casual dining.
- Fish City Grill - A seafood lover’s haven, offering fresh, flavorful dishes with a welcoming, neighborhood atmosphere.
- Union Merchant Wine Bar - A cozy and stylish destination offering an extensive selection of wines, small plates, and a warm ambiance perfect for gatherings or a quiet evening out.
Where to Work Out and Stay Active
Water Oak residents enjoy plenty of options to keep fit without straying far from the neighborhood. Local gyms and outdoor activity hotspots include:
- TrvFit Georgetown - A boutique fitness studio offering high-energy group classes and personalized training sessions, designed to challenge all fitness levels and provide a supportive community environment.
- Georgetown Recreation Center - Offering a variety of workout equipment and classes.
- Blue Hole Park - A serene spot for hiking or cooling off in the river.
- Orangetheory Fitness - A popular fitness chain focusing on science-backed, heart rate-based interval training to maximize results, with expert coaching and a welcoming atmosphere.
- Planet Fitness - Known for its affordable memberships and judgment-free zone, this gym offers a wide range of equipment and amenities suitable for beginners and experienced gym-goers alike.
Fun Things to Do
Apart from the trails, parks, and amenities within the neighborhood, Georgetown itself is packed with activities. Explore the historic downtown square, catch a live show at the Georgetown Palace Theatre, or visit the Georgetown Winery.
For adventure seekers, Lake Georgetown offers opportunities for boating, fishing, and camping just a short drive away.
Thanks for reading our Water Oak neighborhood guide.
Welcome Home to Water Oak
Offering the perfect combination of natural beauty, modern conveniences, and a warm community spirit, it’s no wonder this area is one of Georgetown’s most sought-after neighborhoods.
Curious about finding your dream home in Water Oak? Our dedicated Water Oak buyer’s agents are here to help. Contact us today to begin your search!
Frequently Asked Questions About Water Oak
The Water Oak community pool is at the Water Oak Amenity Center, 1001 Highwater Dr, Georgetown, TX 78628. It is for residents only.
Georgetown Realtor Specializing in Water Oak Homes
Rebecca Jacks and Raymond Stoklosa are Georgetown Realtors specializing in Water Oak homes. Whether you're looking to buy or sell a home in Water Oak, Rebecca and Raymond know the area well and have the experience and tools necessary to make your next real estate transaction stress free. For more info about who we are and how we work, check out Buying a Home in Water Oak and Selling a Home in Georgetown.
