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$530,000

412 Fair Oaks Dr, Georgetown, TX, 78628

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,654 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.7 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListMust-SellAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOven, Convection Oven, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Exhaust Fan, Gas Cooktop, Microwave, Self Cleaning Oven, Stainless Steel Appliance(s)
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size9,104 sqft

Building Information

Year Built2020
Stories2
Garage Spaces2

Land Information

APNR-20-9981-024C-0008
Lot Number8
Land UseResidential
Legal DescriptionS11062 - WATER OAK NORTH SEC 2 & 3 PH 4, BLOCK C, LOT 8, ACRES 0.209
Census Tract020124
Assessed Land Value$100,000
Assessed Improvement Value$414,228
Assessment Year2025

About this property

**Important Information, Please Read** Chesmar Home- Gibson Floor Plan Option for qualified Buyers, this property is financed using FHA guidelines which comes with the option to assume the loan balance at a 2.7% interest rate. Property owner is offering $10,000 "Flex Cash" to the buyer at closing to be used for rate buy down, closing cost, or upgrades subject to lender approval. -- Located in the original phase of Water Oak, this meticulously maintained home offers mature trees, scenic views, and convenient access to Highway 29. Featuring propane gas appliances, a dedicated home office, a spacious 3-car garage, and a covered patio/deck perfect for entertaining, this home combines comfort with functionality. The thoughtfully designed floor plan includes a second living area/game room upstairs, along with two bedrooms and a full bathroom, creating an ideal space for children, teenagers, guests, or multi-generational living. Situated within walking distance of the community center, residents enjoy outstanding amenities including a swimming pool, lounge area, and covered picnic and seating areas. Sidewalks throughout the neighborhood provide a welcoming environment for walks, bike rides, and outdoor activities. Just minutes from Wolf Ranch Shopping Center, dining, and entertainment, Water Oak also offers easy access to Highway 29, Interstate 35, and Ronald Reagan Boulevard, making commuting throughout the area convenient. Although the home is located near the front of the neighborhood for quick access, its setting remains peaceful and quiet. The home has been exceptionally cared for by both the owner and current tenant, making it truly move-in ready.

Investor Tools

Property Icon
$526,000
Estimated Property Value
$390,069Estimated Mortgage Balance
$181,579Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,180 /month
Positive
Cash Flow Estimate:
$1,060 /month

Interested in this property?

Move Up America LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,260/month
$60/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,495
$514,228
2025
$100,000
$414,228
$514,228
No

Tax History

Year
Tax Paid
Assessed Value
2025
$12,495
$514,228

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Clm Mortgage Inc
Fha
$390,069
Yes
First
Jul 21, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$346,549
$174,451
33%
66%
$2,339/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$2,399/mo
$-311/mo
4.8%

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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412 Fair Oaks Dr | Property Details | No Agent List