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$655,000

302 Hedgewood Dr, Georgetown, TX, 78628

On MarketInfo
Beds2 Beds
Baths4 Bath
Baths800 Sq Ft
price_per_sqft$818.75 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Must-SellAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Free Standing Range, Disposal, Refrigerator
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesNone

Building Information

Year Built1984
Stories2
Garage Spaces1

Land Information

APNR-20-1400-0002-0004
Lot Number4
SubdivisionBriarwood
Land UseResidential
Legal DescriptionS3239 - BRIARWOOD SEC 2, BLOCK B, LOT 4
Census Tract020114
Assessed Land Value$80,000
Assessed Improvement Value$293,341
Assessment Year2025

About this property

302 Hedgewood Drive | Georgetown, Texas | Fourplex For Sale – $675,000 Great investment opportunity in the growing Georgetown market! This fully leased fourplex offers strong rental income potential and is located just off Williams Drive, with convenient access to shopping, dining, and I-35. Each of the four units features 2 bedrooms and 1 bathroom with functional layouts and thoughtful updates throughout. The units offer open living, dining, and kitchen areas, durable vinyl plank flooring, and a cozy wood-burning fireplace that adds charm to the living space. The kitchens are fully equipped with refrigerator, pantry, and dishwasher (new dishwasher being installed), providing convenience for tenants. The dining area opens to a private patio, and each unit also includes a front patio storage closet for additional space. The primary bedroom features two closets, with a hallway linen closet offering extra storage. Washer and dryer are included in each unit, making these units highly attractive for renters. Additional features include designated parking areas for residents and a well-located property close to major Georgetown amenities, retail, restaurants, and commuter routes. With all units currently leased and producing income, this property presents an excellent opportunity for investors looking for a stabilized multifamily asset in Central Texas. Motivated seller – open to all offers. Investors welcome.

Investor Tools

$474,110Estimated Mortgage Balance
$180,506Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,930 /month
Positive
Cash Flow Estimate:
$1,310 /month

Interested in this property?

Doreen Sidney

Teifke Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$877/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,263
$373,341
2025
$80,000
$293,341
$373,341
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,263
$373,341

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Np Inc
Conventional
$500,000
No
First
Jun 27, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$474,110
$346,890
42%
73%
$2,998/mo

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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