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Owner Contacts

$414,722

50304 Raindance Dr, Georgetown, TX, 78626

Off Market

3 Beds

3 Bath

2,301 Sq Ft

Single Family Residence

$170.8 / sqft

Built in 2004

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

Building Information

Year Built2004

Stories2

Garage Spaces2

Land Information

APNR-20-5900-0010-0094A

Lot Number8

SubdivisionIndian Creek

Land UseResidential

Legal DescriptionINDIAN CREEK, BLOCK F, LOT 8

Census Tract021404

Assessed Land Value$79,300

Assessed Improvement Value$335,422

Assessment Year2025

About this property

Perfect for Southwest University personnel, Investment Property or Homestead. Open floorplan with granite kitchen island and countertops. All electric. Recent Fiber at street for internet access. Enjoy the space of this spacious lot and 2300 sq. ft. home in Eastern Georgetown. Minutes to Toll 130 or Southwestern University. The covered front porch is great for morning coffee! Backyard covered porch for grilling and chillin' or enjoying the large open space. Place for a in-ground pool or keep as yard. Additional Downstairs or upstairs office/play area could be 4th & 5th bedrooms. On approximately 1/2 are lot on septic. No HOA, low taxes. Heat pump 2021, Architectural roof 2021, Recent wood-look ceramic tile downstairs, recent paint, window blinds. Separate Workshop. Refrigerator and 2 yr. old cub cadet with trailer negotiable. Easy access .5 miles to Toll 130 and Hwy 29 in Georgetown. Close to Southwestern University and Downtown GT. Double gate to back yard for parking your RV/Boat. Virtually staged photos.

Investor Tools

$414,722

Estimated Property Value

$388,740Estimated Mortgage Balance

$50,545Estimated Equity

6% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,488 /month

Positive

Cash Flow Estimate:

$829 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$620/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,371

$414,722

2025

$79,300

$335,422

$414,722

Tax History

Year

Tax Paid

Assessed Value

2025

$5,371

$414,722

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Fairway Independent Mortgage Corp

$388,740

Yes

First

Dec 16, 2022

Jan 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$364,817

$49,905

12%

88%

$2,331/mo

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.

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