Lake Georgetown is found on the north fork of the San Gabriel River in central Texas. The lake is owned by the U.S. Army Corps of Engineers along with the dam and all adjacent properties. The dam was officially completed on October 5, 1979, and serves to provide flood control for the community of Georgetown and is also a source of drinking water.
Lake Georgetown has been stocked with several species of fish including largemouth bass, smallmouth bass, catfish, white bass, striped bass, crappie, and sunfish.
Along with the dam and lake, the U.S. Army Corps of Engineers maintains recreational facilities at the lake. There are three parks located on the lake, Cedar Breaks Park, Jim Hogg Park, and Russell Park, which include day use areas for picnics and boat ramp facilities. Popular recreational activities include, fishing, boating, hiking, and camping. The Good Water Trail is an excellent trail for hiking being 16 miles long and following the entire southern side and much of the northern side of the lake. There is an extension to this trail that brings the total distance to over 24 miles. Mountain biking is also allowed on the trails along the lake. Overnight camping at both improved and primitive sites is also permitted.