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$471,000

NAL Estimated Property Value

1212 Highwater Dr, Georgetown, TX, 78628

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,031 Sq Ft
price_per_sqft$283.11 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Water Heater, Microwave, Oven, Propane Cooktop, Water Softener Owned, Tankless Water Heater
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesExterior Steps, Rain Gutters
Lot Size9,322 sqft

Building Information

Year Built2021
Stories1
Garage Spaces2

Land Information

APNR-20-9981-042M-0001
Lot Number1
Land UseResidential
Legal DescriptionS12211 - WATER OAK NORTH SEC 4 PH 2, BLOCK M, LOT 1, ACRES 0.214
Census Tract020124
Assessed Land Value$100,000
Assessed Improvement Value$343,306
Assessment Year2025

About this property

Built on the rolling hills in the beautiful community of Water Oak at the San Gabriel in west Georgetown. This gorgeous 1 story, 3 bedrooms 2 bath energy efficient Meritage Home provides spectacular views of the canyon and is surrounded by green spaces! Completed in June 2021, this home has many custom features: EVP throughout main living spaces, upgraded kitchen, double pantries, spacious family room with large picture windows with breath-taking views. The primary bedroom is its own oasis in the back of the home with large bay windows overlooking green space. Large extended patio directly overlooking green space and San Gabriel River Valley for entertaining or just relaxing includes a propane hookup. Relax in the enclosed courtyard off the formal dining room. Energy efficiency includes Fresh Air Management system, Advanced Thermostat, Dual actuated toilets, flow smart shower heads and spray foam insulation. The kitchen has white designer cabinets with 42” upper cabinets, two decorative glass cabinet doors, under cabinet lighting, crown molding, soft close, trash pullout, pot & pan drawers and four rollout cabinets, quartz countertops, Whirlpool stainless steel appliances with the microwave installed over the gas stove and double pantries. Primary bathroom includes white cabinets, quartz counter, double sinks, soaking tub, separate shower, water closet and 12”x 24” tiles.Secondary bath has white cabinets with quartz counter and linen closet. Laundry room has 36” white cabinets above the washer/dryer and utility sink. Ring doorbell and Ring spotlight in front. Other features includes 2” faux wood blinds throughout, ceiling fans in living room and primary bedroom, whole house gutters, tankless water heater, insulated garage door, water softener, sprinkler system, brick on 3 sides and hardy plank along back.

Investor Tools

Property Icon
$471,000
Estimated Property Value
$0Estimated Mortgage Balance
$471,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$998/month
$162/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,617
$443,306
2025
$100,000
$343,306
$443,306
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,617
$443,306

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$469,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$163/mo
+$1,926/mo
5.3%

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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1212 Highwater Dr | Property Details | No Agent List