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$499,000

1016 Summer Gln, Georgetown, TX, 78628

$550,862 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,597 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$192.14 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Must-SellAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOven, Dishwasher, Disposal, Electric Cooktop, Microwave, Stainless Steel Appliance(s), Electric Water Heater
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool

Building Information

Year Built2022
Stories2
Garage Spaces2

Land Information

APNR-20-9981-060D-0008
Lot Number8
Land UseOther
Legal DescriptionS12930 - WATER OAK NORTH SEC 6, BLOCK D, LOT 8
Census Tract020124
Assessed Land Value$100,000
Assessed Improvement Value$399,992
Assessment Year2025

About this property

Here, peaceful sunsets, thoughtfully designed spaces, and a warm Texas welcome come together in one beautiful place to call home. Built by Chesmar Homes just 2.5 years ago, this two-story gem in Georgetown feels like it was made for gathering. With 4 bedrooms and 3 full baths, the layout is just right. Two of the bedrooms are downstairs, including the primary suite and a guest room, making it perfect for a home office, guests, or multi-generational living. Facing east, enjoy morning coffee with the sunrise on the covered front porch. There are no front neighbors thanks to its built-in stone privacy barrier, blocking noise and offering a safe place to play or catch the school bus! Pure magic at the back fence: wildflowers, a pond, and a seasonal creek that gently winds its way to the San Gabriel River. This home captures the most beautiful sunsets from the back patio, while enjoying a quiet evening or entertaining friends. The grand two-story entry and floor-to-ceiling windows let the natural light pour in. Enjoy a generous, granite kitchen island perfect for baking, chatting, or doing homework. Beautiful factory-white cabinetry that stands the test of time (no paint chipping with these!), soft-close drawers, and a large, one-basin sink makes everyday moments feel special. Wood look LVP floors keep things easy and elegant throughout the main areas. Upstairs, you’ll find two more bedrooms and a full bath, plus a spacious flex area—perfect for movie nights, game room, or your own creative space. The extended 2 car garage offers room for your truck, or SUV. Water Oak brings even more charm with walking trails, a community center, a pool, a playground, and even a fenced dog park. Zoned to Georgetown ISD and just 7 minutes from two H-E-Bs, Wolf Ranch Shopping Center, and the new Costco under construction—everything you need is just around the corner. At 1016 Summer Glen, you're not just buying a house—you're finding a place to settle in, grow, and truly feel at home.

Investor Tools

Property Icon
$499,992
Estimated Property Value
$508,959Estimated Mortgage Balance
$21,520Estimated Equity
-2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$550,862
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

Interested in this property?

Michelle Gomez

Magnolia Realty Round Rock

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,136/month
$194/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,133
$499,992
2025
$100,000
$399,992
$499,992
No

Tax History

Year
Tax Paid
Assessed Value
2025
$11,133
$499,992

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Clm Mortgage Inc
Conventional
$508,959
No
First
Mar 14, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$480,134
$19,858
3%
96%
$3,052/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$3,246/mo
$-830/mo
5.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Georgetown

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1016 Summer Gln | Property Details | No Agent List