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$344,850

116 Riverhill Dr, Georgetown, TX, 78628

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,533 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$260.27 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone

Building Information

Year Built2022
Stories1
Garage Spaces2

Land Information

APNR-15-3330-034O-0005
Lot Number5
Land UseResidential
Legal DescriptionS12504 - MORNINGSTAR PH 3 SEC 4 & PH 4 SEC 1 & 2, BLOCK O, LOT 5
Census Tract020120
Assessed Land Value$85,000
Assessed Improvement Value$259,850
Assessment Year2025

About this property

**PRICE IMPROVEMENT** - Sellers job changed, required relocation - Great opportunity to buy a BRAND NEW (never lived in) gorgeous home located in the highly desirable Morningstar subdivision. With resort-style amenities (pool, trails, dog park, playgrounds, new sports park) and highly rated Liberty Hill ISD. Not to mention a brand new H-E-B and shopping center just minutes away! Arriving at the house, you are greeted with a raised, oversized front porch with plenty of room for a sitting area. This home features three bedrooms, two bathrooms, a beautiful kitchen, a gas cooktop, a nicely sized island with granite countertops, and a crisp white backsplash that compliments the colors beautifully. This kitchen opens up to a spacious family room with endless possibilities to arrange the furniture as you see fit. Not commonly discussed, this home features a huge two-car garage that sits well below the foundation. That's right; this garage sits BELOW the living area of the house! This is ideal for the storage of kayaks and storage racks; there's enough room, floor to ceiling, to fit a car lift! House is plumbed for a water softener and ready for installation, should you desire. I want to acknowledge the backyard is smaller but is a blank canvas. In my opinion, a smaller yard means less to maintain, and with all this community has to offer, what more could you possibly need. House is vacant and ready to be shown at your convenience but doesn't hesitate; this one won't last long!

Investor Tools

Property Icon
$344,850
Estimated Property Value
$279,000Estimated Mortgage Balance
$0Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$876/month
$415/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,788
$344,850
2025
$85,000
$259,850
$344,850
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,788
$344,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Unknown
$279,000
No
First
Sep 28, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$520,896
N/A
0%
151%
$3,346/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$3,761/mo
$-1,673/mo
7.3%

Learn About the Market: Opportunity in Texas

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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 Riverhill Dr | Property Details | No Agent List