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$255,500

1405 E 16th St, Georgetown, TX, 78626

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths1,376 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.68 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSee Remarks
FlooringSee Remarks, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size12,197 sqft

Building Information

Year Built1960
Stories1
Garage Spaces2

Land Information

APNR-20-7000-0000-0004
Lot Number3-4
SubdivisionNolen Add
Land UseResidential
Legal DescriptionS4201 - NOLEN ADDITION, BLOCK 1, LOT 4, 3(PT),, ACRES 0.28
Census Tract021405
Assessed Land Value$320,776
Assessed Improvement Value$84,381
Assessment Year2025

About this property

This Circa 1960 property is located in the Georgetown Historic District. One story, mid-century home has 2 bedrooms, 1 bath, spacious living room open to breakfast area. The kitchen has vintage cabinetry with built-in shelving for open hutch. Another living area can flex as a formal dining room with wainscot and stenciled wood flooring. Two garage with shelving and connections for washer and dryer. Beautiful lot with climbing roses, towering trees, and manicured lawn. It is an AS IS property requiring extensive rehabilitation to concrete perimeter foundation with interior beams and the interior. Some rehab has begun. Potential to own property within the Historic District close to the gorgeous and vibrant downtown square of historic Georgetown and Southwestern University. ****Check out the virtual tour with AI generated illustration of what the property could look like with rehabilitation.****

Investor Tools

Property Icon
$405,157
Estimated Property Value
$113,997Estimated Mortgage Balance
$314,615Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,431 /month
Positive
Cash Flow Estimate:
$810 /month

Interested in this property?

Donna Ciccarelli

Pure Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$330/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,939
$405,157
2025
$320,776
$84,381
$405,157
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,939
$405,157

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Carrington Mortgage Services Llc
Fha
$113,997
Yes
First
Nov 17, 2016
Dec 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$90,783
$314,374
77%
22%
$684/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.

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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