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$473,000

NAL Estimated Property Value

151 Walburg Heights Dr, Georgetown, TX, 78626

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,599 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$297.06 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size42,863 sqft

Building Information

Year Built1999
Stories1
Garage Spaces2

Land Information

APNR-11-0626-0000-0001
Land UseResidential
Legal DescriptionAW0626 TRABUE, R.P. SUR., TRACT 8B, WALBURG HEIGHTS, ACRES 0.984
Census Tract021601
Assessed Land Value$180,725
Assessed Improvement Value$259,744
Assessment Year2025

About this property

Live at the front of the property, work in the back. A rare find for a mixed use concept and it is also close to major highways, shops and restaurants. This single story home offers enough living and sleeping quarters. The primary bedroom is on one side of the house, offering two separate closets. The secondary bedrooms are on the other side of the house, separated by a full bathroom. Carpet in primary was installed in 2023, secondary bedrooms just replaced Dec, 2023. The kitchen cabinets include pull out drawers for convenience and lots of natural light fills the entire home. So much storage even in the separate laundry room. Step out in the backyard to find a covered patio and walk right out into the workshop, how convenient. The workshop offers electricity and water, offering so much space and storage. Your shop is approximately 2400 sq ft, 60'x40' with 200 amps (as per owner). This is a dream concept to live and work on the same lot so stop dreaming and make it into a reality. Buy it for investment to rent out the workshop. So many possibilities. Look today and buy it tomorrow! So much developments on this corridor so buy it today before opportunities are gone!

Investor Tools

Property Icon
$473,000
Estimated Property Value
$406,620Estimated Mortgage Balance
$67,044Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$606/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,906
$440,469
2025
$180,725
$259,744
$440,469
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,906
$440,469

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank
Conventional
$423,150
No
First
Feb 14, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$406,620
$125,380
23%
86%
$2,537/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.

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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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151 Walburg Heights Dr | Property Details | No Agent List