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$372,274

506 Martin Luther King Jr St, Georgetown, TX, 78626

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,080 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.44 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Free-Standing Range, Refrigerator
FlooringVinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size7,405 sqft

Building Information

Year Built1975
Stories1

Land Information

APNR-20-9928-0000-0007
Lot Number2
SubdivisionSouth San Gabriel Urban Renewal Blk U
Land UseResidential
Legal DescriptionS4666 - SOUTH SAN GABRIEL URBAN RENEWAL BLK U, BLOCK U, LOT 7, [FKA BLK 31,LOT 2 CITY OF G'TOWN]
Census Tract021402
Assessed Land Value$251,851
Assessed Improvement Value$120,423
Assessment Year2025

About this property

Quaint and cozy home close to downtown Georgetown and Williamson County Courthouse. This house has been completely remodeled and ready for next tenant. No carpet!FEMA - Unknown

Investor Tools

Property Icon
$372,274
Estimated Property Value
$0Estimated Mortgage Balance
$372,274Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,234 /month
Positive
Cash Flow Estimate:
$745 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$656/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,010
$372,274
2025
$251,851
$120,423
$372,274
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,010
$372,274

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$372,274
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.

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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506 Martin Luther King Jr St | Property Details | No Agent List