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$569,282

NAL Estimated Property Value

1121 Highwater Dr, Georgetown, TX, 78628

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,913 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.2 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

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

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size8,930 sqft

Building Information

Year Built2021
Stories2
Garage Spaces2

Land Information

APNR-20-9981-042R-0001
Lot Number1
Land UseResidential
Legal DescriptionS12211 - WATER OAK NORTH SEC 4 PH 2, BLOCK R, LOT 1, ACRES 0.205
Census Tract020124
Assessed Land Value$100,000
Assessed Improvement Value$469,282
Assessment Year2025

About this property

Take advantage of this wonderful opportunity to move into a like-new home in highly sought after 78628. This beautiful home sits on a large, corner lot that is just down the street from the community pool and park. The interior is impressive with soaring, 2-story high ceilings in the living room, vinyl-plank flooring, neutral toned walls, and meticulously chosen designer finishes. The free flowing floor plan lends itself to entertaining with a spacious living room, chef's kitchen with quartz countertops, shaker cabinetry, subway tile backsplash, and a suite of stainless appliances. You will love the privacy of the luxurious, main floor owner's suite that includes a large bay window, dreamy natural light, and a serene ensuite bath. 1 additional bedroom and full bath also reside on the main floor, offering a great space for overnight guests or in-laws. Head up the grand staircase to a large game room, 3 bedrooms, and 1 full bathroom. The beautiful backyard provides enough breathing space for even the biggest gathering, with a covered back patio, grassy yard, and a wood fence for privacy. Zoned for great Georgetown schools and only minutes from several shopping and dining options. It doesn't get much better than this!

Investor Tools

Property Icon
$569,282
Estimated Property Value
$449,363Estimated Mortgage Balance
$120,748Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,416 /month
Positive
Cash Flow Estimate:
$1,139 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,345/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,296
$569,282
2025
$100,000
$469,282
$569,282
No

Tax History

Year
Tax Paid
Assessed Value
2025
$13,296
$569,282

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$487,511
No
First
Feb 17, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$449,363
$119,919
21%
79%
$2,923/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$2,923/mo
$-507/mo
5.1%

Learn About the Market: Opportunity in Texas

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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.

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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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1121 Highwater Dr | Property Details | No Agent List