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$5,960,000

1050 County Road 251, Georgetown, TX, 78633

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths720 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$8,277.78 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSee Remarks
FlooringCarpet, Linoleum

Exterior

Exterior FeaturesSee Remarks
Lot Size1.50 acres

Building Information

Year Built1925
Stories1
Garage Spaces2

Land Information

APNR-10-W024-3000-0060
Land UseResidential
Legal DescriptionAW0243 GLASSCOCK, G.W. SUR., ACRES 1.500
Census Tract020206
Assessment Year2025

About this property

The property has an agriculture exemption and a grazing lease that could be carried forward or terminated upon transfer of title. An additional 1.5 acres where the house sits is included in this sale totaling 149 acres of unrestriced county land, not included in the ETJ . It is 3 miles east of Hwy 183, 8 miles west of Hwy 195, and will take approximatley 10 minutes to get to HEB on Ronald Reagan. The property has minimal flood plain and flat topography offering easy access via paved roads from both CR 251 and CR 242. There is a 12" water line at the corner of FM 970 and CR 252 approximatley .6 miles from the subject property allowing for further developement and the house is currently on public electricity (7 electric poles on the property) and septic. On 1.5 acres sits the main house, a mobile home, and second dwelling, a goat barn, and a shipping storage container.

Investor Tools

$0Estimated Mortgage Balance
$280,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$35,760 /month
Positive
Cash Flow Estimate:
$11,920 /month

Interested in this property?

Bethany Dean

Kurtz Properties

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$124/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$88
$77,814
2025
N/A
N/A
$108,193
No

Tax History

Year
Tax Paid
Assessed Value
2025
$88
$77,814

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$280,000
100%
0%
$0/mo

City: Georgetown

1050 County Road 251 | Property Details | No Agent List