




$530,000
412 Fair Oaks Dr, Georgetown, TX, 78628
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**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.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Georgetown
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