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$233,000

601 Meadowbrook Drive, Georgetown, TX, 78628

$251,202 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,600 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.63 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Water Heater, Disposal, Microwave, Range
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone

Building Information

Year Built1980
Stories1
Garage Spaces2

Land Information

APNR-20-9909-0000-0033
Lot Number1
SubdivisionSan Gabriel Heights
Land UseResidential
Legal DescriptionSAN GABRIEL HEIGHTS SEC 3, BLOCK J, LOT 1
Census Tract020123
Assessed Land Value$80,000
Assessed Improvement Value$275,296
Assessment Year2025

About this property

Investment opportunity in the established San Gabriel Heights neighborhood of Georgetown. Situated on a spacious corner lot, this single-story 3-bedroom, 2-bath property offers a functional floor plan with all bedrooms located on the main level and strong potential for continued value enhancement. Efficient single-story floor plan appeals to a broad tenant pool. The home features a large living area, beamed ceilings, a galley-style kitchen, walk-in closets, and a dedicated dining/breakfast space. Provides a solid starting point for investors looking to maximize rental appeal or pursue additional improvements. Outdoor features include a covered patio and a private fenced yard with mature trees, while the oversized corner lot offers added flexibility and long-term upside. Additional features include central heating and cooling, public utilities, and access to community amenities including a pool, playground, and tennis courts. Conveniently located with easy access to major roads, shopping, and everyday conveniences, this property presents an attractive opportunity for investors seeking a rental, hold, or value-add asset in an established Georgetown location. Suitable for investors seeking a lower-complexity improvement project.

Investor Tools

$56,364Estimated Mortgage Balance
$298,932Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$251,201
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,132 /month
Positive
Cash Flow Estimate:
$711 /month

Interested in this property?

Rosie Hayer

Rivet Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$367/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,632
$355,296
2025
$80,000
$275,296
$355,296
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,632
$355,296

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Fha
$77,753
Yes
First
Feb 24, 2014
Mar 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$56,364
$298,932
84%
16%
$0/mo

City: Georgetown