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$569,999

1216 Winding Way Dr, Georgetown, TX, 78628

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,523 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$225.92 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Gas Cooktop, Disposal, Gas Range, Plumbed For Ice Maker, Water Heater, Cooktop, Microwave, Water Softener Owned
FlooringCarpet, Ceramic Tile, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard, Rain Gutters, Lighting

Building Information

Year Built2018
Stories1
Garage Spaces2

Land Information

APNR-20-9981-021C-0005
Lot Number5
Land UseResidential
Legal DescriptionS10787 - WATER OAK NORTH SEC 2 & 3 PH 1, BLOCK C, LOT 5
Census Tract020124
Assessed Land Value$145,000
Assessed Improvement Value$422,980
Assessment Year2025

About this property

Welcome to this stunning Chesmar Homes “Michelle” model, where thoughtful design meets breathtaking Hill Country views. An impressive entry foyer with soaring tray ceilings and wide-open hallways leads you to a dramatic wall of windows, showcasing picturesque views of the green space and rolling hills beyond on the east side of the home. The smartly designed floor plan places the secondary bedrooms and full bath near the front of the home, while the spacious primary suite is privately situated in the back to maximize the incredible scenery. The oversized media/game room with double doors is tucked on one side of the home, while a bright and airy dedicated office with double French doors is located on the other, creating ideal separation between work, play, and living spaces. The luxurious primary retreat features a spa-inspired bath, oversized walk-in closet, and peaceful ambiance. At the heart of the home, the gourmet kitchen offers a massive center island with additional seating, abundant counter space, and generous storage—perfect for entertaining family and friends. Filled with natural light, a neutral palette, and spectacular views from multiple rooms, this home offers comfort and elegance throughout. Step outside to enjoy the covered back patio and spacious backyard, ideal for relaxing and taking in the beauty of the surrounding landscape.

Investor Tools

$279,336Estimated Mortgage Balance
$321,297Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,600 /month
Positive
Cash Flow Estimate:
$1,200 /month

Interested in this property?

Leisa Ormsbee

Realty Texas LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,314/month
$194/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,771
$567,980
2025
$145,000
$422,980
$567,980
No

Tax History

Year
Tax Paid
Assessed Value
2025
$12,771
$567,980

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Financial Services Llc
Conventional
$287,789
No
First
Jun 14, 2018
Jul 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$279,336
$288,644
50%
47%
$1,966/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$2,160/mo
$-72/mo
4.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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