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$320,000

NAL Estimated Property Value

1130 County Road 289, Georgetown, TX, 78633

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,100 Sq Ft
price_per_sqft$5,454.54 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Exhaust Fan, Electric Range
FlooringCarpet, Linoleum

Exterior

Exterior FeaturesSee Remarks
Lot Size1 acre

Building Information

Year Built1970
Stories1

Land Information

APNR-10-W041-2000-0001
Land UseResidential
Legal DescriptionAW0412 AW0412 - MEDCALF, T.W. SUR., ACRES 1
Census Tract020205
Assessed Land Value$42,242
Assessed Improvement Value$92,408
Assessment Year2025

About this property

Schedule all Showings with Listing Agent. Hard Corner Site with over 1,000 feet of frontage on Ronald Reagan and over 2,500 feet of Frontage on CR 289. Not in City Limits and No Zoning/Restrictions. 2"- 2 1/2" water line on CR 289 and 30" Water Line at Ronald Reagan Blvd. Electric on site too. Possible sewer availability in near future : BUYER TO VERIFY IF NEEDED. Site directly opposite or very close by 3 MUD Sites and and potential of over 3,000 Roof Tops. Site is almost exactly half way between FM 3405 and RM 2338/Williams Drive. Highly visible site with excellent road frontage, no Flood Plain and large oak trees throughout. The CR 289 Major Expansion/Improvement to go through property adjoining to the West of the Subject Site. Additional Road Improvements/Expansion to include the adjoining CR 255& CR 254 further enhancing accessibility to the subject site. New Survey available, Aerial Pics Available and Seller will require a Lease Back after closing.

Investor Tools

Property Icon
$320,000
Estimated Property Value
$173,177Estimated Mortgage Balance
$148,115Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$36,000 /month
Positive
Cash Flow Estimate:
$12,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$304/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,044
$134,650
2025
$42,242
$92,408
$134,650
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,044
$134,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Heritage Mortgage
Building Or Construction Loan
$256,092
No
First
Mar 23, 2012
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$173,177
$47,823
21%
54%
$1,536/mo

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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1130 County Road 289 | Property Details | No Agent List