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$590,000

2212 Katy Ln, Georgetown, TX, 78626

On MarketInfo
Beds2 Beds
Baths4 Bath
Baths4,096 Sq Ft
QuadruplexQuadruplex
price_per_sqft$144.04 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Must-SellDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 4Bathrooms Full 4
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built2000
Stories2

Land Information

APNR-20-9917-0010-0043
Lot Number9
SubdivisionSmith Branch Park
Land UseResidential
Legal DescriptionSMITH BRANCH PARK, BLOCK E, LOT 9
Census Tract021405
Assessed Land Value$135,000
Assessed Improvement Value$457,462
Assessment Year2025

About this property

Investment or owner-occupant opportunity in a convenient Georgetown location! Offered at $590,000, this fourplex features four 2-bedroom, 2-bath units, each with an in-unit washer and dryer. Three units are currently leased, providing immediate rental income, with current monthly rents of $1,250, $1,225 and $1,025. Unit D is currently vacant and being made ready for its next occupant, creating an opportunity for an investor to lease the fourth unit or for an owner-occupant to live on-site while collecting rental income from the other three units. The property offers excellent parking with 10 off-street spaces plus additional street parking. Conveniently located near Old Town Georgetown, Anne Purl Elementary, shopping, dining and recreational opportunities. With three income-producing units already in place and a fourth unit available for occupancy or lease, this property offers flexibility for both investors and buyers interested in combining homeownership with rental income. Vacant Unit D also allows for easy showings by appointment.

Investor Tools

$222,938Estimated Mortgage Balance
$423,049Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,858 /month
Positive
Cash Flow Estimate:
$1,286 /month

Interested in this property?

Michelle Ward

Waterloo Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,184/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,997
$592,462
2025
$135,000
$457,462
$592,462
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,997
$592,462

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Noble Home Loans Inc
Unknown
$259,050
No
First
Apr 14, 2019
May 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$222,938
$426,062
65%
35%
$1,554/mo

City: Georgetown

2212 Katy Ln | Property Details | No Agent List