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$389,900

1508 S Walnut St, Georgetown, TX, 78626

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths1,068 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$365.07 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesFree-Standing Gas Range
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size6,534 sqft

Building Information

Year Built1960
Stories1
Garage Spaces1

Land Information

APNR-20-3700-0000-0067
Lot Number1
SubdivisionHughes Add
Land UseResidential
Legal DescriptionS7031 - HUGHES ADDITION RESUB PORTION OF BLK 12 AND A PORTIO, LOT 1, ACRES 0.15
Census Tract021407
Assessed Land Value$239,928
Assessed Improvement Value$57,798
Assessment Year2025

About this property

Old Town Charm, Steps from the Square Minutes from Georgetown's Historic Square and Southwestern University, this Old Town bungalow puts you right in the heart of it all — classic charm, thoughtful updates, and a layout that works beautifully for everyday living. The kitchen is full of personality: cheerful vintage periwinkle cabinets, a gas range, generous counter space, and a sunlit breakfast nook tucked into a corner window that fills the room with natural light all day long. A separate dining area off the living room adds wonderful flexibility — perfect for dinner parties, a cozy reading lounge, or whatever fits your lifestyle best. The bedroom is a true retreat, featuring a striking vaulted ceiling and two closets for excellent storage. The full bath has been beautifully updated with new tile and a walk-in shower. And with the roof, plumbing, HVAC, and water heater all recently updated, this home offers true peace of mind — the big-ticket items are already taken care of. Connected by a charming breezeway, the detached bonus building adds even more versatility, with laundry plus a spacious flex room ideal for an office, studio, home gym, or hobby space. Outside, the fully fenced backyard offers plenty of room to relax, garden, play, or expand your outdoor living, complete with a storage shed and covered carport for added convenience. And the location? It speaks for itself. Walk to the Square's beloved restaurants and cafes, San Gabriel Park, and scenic neighborhood trails. This is a rare, turn-key opportunity in one of Georgetown's most walkable and sought-after pockets — Old Town charm paired with modern peace of mind. Schedule your showing today!

Investor Tools

$0Estimated Mortgage Balance
$356,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,339 /month
Positive
Cash Flow Estimate:
$780 /month

Interested in this property?

Khani Zulu

Christie's Int'l Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$429/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,374
$297,726
2025
$239,928
$57,798
$297,726
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,374
$297,726

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$391,000
100%
0%
$0/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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1508 S Walnut St | Property Details | No Agent List