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$3,950,000

100 Old State Highway 29 E, Georgetown, TX, 78626

On MarketInfo
Just AddedInfo
Beds— Beds
Baths1 Bath
Baths552 Sq Ft
OtherOther
Year BuiltBuilt in 1950

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
FlooringSee Remarks

Exterior

Lot Size51.87 acres

Building Information

Year Built1950

Land Information

APNR-20-0011-0000-0018B
Land UseVacant Land
Legal DescriptionAW0011 AW0011 - SMITH, S. SUR., ACRES 51.874, {R020225 SHU}
Census Tract021602
Assessment Year2025

About this property

53.578 acres of pure San Gabriel River frontage — this is the kind of tract that doesn't come around often. Ownership extends to the center of the river channel, plus a small pocket across the water and a triangle piece fronting both HWY 29 and Old HWY 29, giving you serious road exposure to go with the river views. Currently AG exempt and running hay production, with a solid pocket of sandy loam down by the river — previous owners pulled some for harvest and never filled it back in, so there's opportunity there for the right buyer. Infrastructure is already in place: a 24" Jonah Water line crosses the river at the eastern property line and runs the full length of the frontage, two water taps (one next to the water well that has a meter, one at the western entrance at the front of the property that's just a tap), a fire hydrant, a water well that's connected to the house, and three electrical drops with two currently in use. No deed restrictions, not in the ETJ — room to work with. There's an old farmhouse on the eastern side of the property; it doesn't hold real value and would be a teardown or clear for redevelopment. The property sits entirely within the 100-year floodplain, with a portion in the floodway — so this is best suited for a residential community concept where each lot can be designed to capture direct river frontage rather than a single homesite. Bring your vision for a riverside development unlike anything else in Georgetown.

Investor Tools

$0Estimated Mortgage Balance
$815,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$23,700 /month
Positive
Cash Flow Estimate:
$7,900 /month

Interested in this property?

Reese Phillips

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$464/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,495
$82,819
2025
N/A
N/A
$2,286,324
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,495
$82,819

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$815,000
100%
0%
$0/mo

City: Georgetown

100 Old State Highway 29 E | Property Details | No Agent List