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$289,900

404 E Central Dr, Georgetown, TX, 78628

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,306 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$221.98 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Free Standing Gas Range, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Linoleum, Tile

Exterior

Exterior FeaturesNo Exterior Steps
Lot Size9,903 sqft

Building Information

Year Built1981
Stories1
Garage Spaces2

Land Information

APNR-20-9943-0000-0069
Lot Number3
SubdivisionWilliams Add
Land UseResidential
Legal DescriptionWILLIAMS ADDITION UNIT 4, BLOCK 14, LOT 3
Census Tract020114
Assessed Land Value$82,000
Assessed Improvement Value$216,333
Assessment Year2025

About this property

Welcome to a fantastic opportunity in a highly desirable Georgetown location. Featuring 3 bedrooms, 2 full bathrooms, and 1,306 square feet of living space, this home offers endless potential for buyers or investors looking to add their personal touch and build equity. A charm-filled covered front porch greets you upon arrival, leading into a welcoming interior highlighted by a cozy living room with a striking floor-to-ceiling stone fireplace as its focal point. The functional eat-in galley kitchen provides a great footprint ready for your modern updates. Situated on a generous 0.22-acre lot, the property boasts a spacious backyard with plenty of room for outdoor entertaining, gardening, or creating your dream outdoor living space. Commuters will love the quick, easy access to IH-35, while everyday convenience is covered with great local dining and shopping just minutes away. Best of all, you are less than five minutes from the pristine natural beauty of San Gabriel Park and the iconic Blue Hole Park. Bring your design ideas and make this promising home your own.

Investor Tools

$462,035Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,962 /month
Positive
Cash Flow Estimate:
$654 /month

Interested in this property?

Christopher Watters

Watters International Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$198/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$741
$298,333
2025
$82,000
$216,333
$298,333
No

Tax History

Year
Tax Paid
Assessed Value
2025
$741
$298,333

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Reverse Mortgage / Hecm
$480,000
No
First
May 22, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$462,035
N/A
0%
141%
$3,114/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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404 E Central Dr | Property Details | No Agent List