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$833,519

NAL Estimated Property Value

505 Lake Side Dr, Georgetown, TX, 78628

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,378 Sq Ft
price_per_sqft$251.63 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt In Electric Oven, Dishwasher, Electric Cooktop, Exhaust Fan, Electric Water Heater, Disposal, Microwave, Water Softener Owned, Stainless Steel Appliances
FlooringCarpet, Slate, Tile

Exterior

Exterior FeaturesGas Grill, Lighting, Rain Gutters
Lot Size1.38 acres

Building Information

Year Built2003
Stories1
Garage Spaces5

Land Information

APNR-15-2535-0100-0112
Lot Number112
SubdivisionGabriels Overlook
Land UseResidential
Legal DescriptionS7384 - GABRIELS OVERLOOK SEC 1, LOT 112, ACRES 1.383
Census Tract020124
Assessed Land Value$322,099
Assessed Improvement Value$511,420
Assessment Year2025

About this property

Living is easy at this stunning & IMPECCABLY maintained ranch style home in the highly desired Gabriels Overlook!  Nestled on a sprawling and private 1.38-acre manicured lot - just a short walk away from the San Gabriel river! This home has beautiful architectural features including tray ceilings, large windows, & more. The open-concept floor plan flows effortlessly & incorporates a family room, formal living room/dining room or study, expansive kitchen, a spacious owner's suite, & three generously sized secondary bedrooms.  The family room offers a wall of windows w/beautiful views of the greenbelt & a cozy wood-burning fireplace; and is open to the kitchen & breakfast area so entertaining family & friends will be a breeze. The impressive kitchen offers an abundance of cabinetry for storage & counter space for prepping meals & boasts sleek granite countertops, a tile backsplash, crown molding, electric cooktop, & built-in oven. The owner's suite is large with crown molding, a tray ceiling, a walk-in closet with a storage system, & doors that lead to the extended outdoor patio. The second & third bedrooms are generously sized & have nice size closets. The fourth bedroom has a walk-in closet and an en-suite - perfect for guests or in-laws! Relax under the covered back patio & soak up the Hill Country views, watch the stars, and enjoy the peaceful sounds of nature.  Entertain friends & family in the expansive backyard complete with an outdoor kitchen, hot tub, & fire pit. Community restrictions allow for the addition of a guest house, pool, workshop, & more! Take a short walk to the San Gabriel River & wade, fish, walk the trails, or cross over into Garey Park!   In addition to the attached 2-car garage, there is also a detached 2-car air-conditioned workshop with extensive storage cabinets, shelving & a second-story loft for your toys & hobbies.  Pride of ownership shines in this home! (2021 roof, 2020 Pella vinyl windows, recent water heater & SS LG appliances).

Investor Tools

Property Icon
$833,519
Estimated Property Value
$0Estimated Mortgage Balance
$833,519Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,100 /month
Positive
Cash Flow Estimate:
$1,700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,155/month
$675/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,688
$833,519
2025
$322,099
$511,420
$833,519
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,688
$833,519

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$833,519
100%
0%
$0/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.

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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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505 Lake Side Dr | Property Details | No Agent List