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$180,935

116 Council Rd, Georgetown, TX, 78633

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size2.19 acres

Land Information

APNR-20-7400-0000-0124
Lot Number22
SubdivisionNorth Lake
Land UseVacant Land
Legal DescriptionS4215 - NORTH LAKE SEC C, LOT 22-22, ACRES 2.185
Census Tract020205
Assessed Land Value$180,935
Assessment Year2025

About this property

The lot for your future dream home is here - 116 Council Rd in Georgetown, TX! Spanning just over 2 acres, this property is a serene retreat under a canopy of oak trees. With neighboring properties spanning at least an acre, you’ll enjoy privacy and space, the perfect start to crafting your dream home. Bring your own builder and take advantage of utilities like electricity and water already available. Outdoor enthusiasts will love being close to Lake Georgetown, the San Gabriel River, and a network of hiking, jogging, and biking trails that lead to natural gems like Blue Hole Park and the San Gabriel River Trail. Just minutes from Georgetown Square and the luxurious Cimarron Hills Country Club. Plus, easy access to Downtown Austin makes this an excellent choice for commuters seeking a peaceful home base without sacrificing convenience. Imagine the home you always envisioned on a property that perfectly balances nature’s tranquility and modern convenience. Now is your chance to bring your dream home vision to life!

Investor Tools

Property Icon
$180,935
Estimated Property Value
$200,000Estimated Mortgage Balance
$0Estimated Equity
-11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$344/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,222
$180,935
2025
$180,935
N/A
$180,935
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,222
$180,935

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Round Top State Bank
Purchase Money Mortgage
$200,000
No
First
Mar 21, 2025
Mar 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$196,478
N/A
0%
109%
$1,200/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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116 Council Rd | Property Details | No Agent List