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$422,742

NAL Estimated Property Value

605 E University Ave Apt 201, Georgetown, TX, 78626

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,297 Sq Ft
price_per_sqft$215.88 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Microwave, Free-Standing Electric Oven, Free-Standing Electric Range, Stainless Steel Appliance(s)
FlooringVinyl

Exterior

Exterior FeaturesExterior Steps

Building Information

Year Built2021
Stories1

Land Information

APNR-20-1927-0605-0201
Land UseResidential
Legal DescriptionC577 - ACADEMIA EAST CONDO, BUILDING 605, UNIT 201, 6.8% COMMON AREA INTEREST
Census Tract021405
Assessed Land Value$228,300
Assessed Improvement Value$194,442
Assessment Year2025

About this property

Welcome to this stunning modern-industrial style 2 bedroom, 2 bathroom condo nestled in the vibrant heart of Georgetown. Just minutes away from the charming Georgetown Square and Southwestern University, this prime location places you at the epicenter of local culture, shopping, and dining. This end-unit condo offers the exclusivity of a private landing and showcases an expansive 1,297 sq ft open-concept floorplan. High coffered ceilings and abundant natural light enhance the luxury vinyl plank flooring throughout. The chef-inspired kitchen boasts a center island, breakfast bar, granite countertops, and sleek stainless-steel appliances, seamlessly flowing into the spacious dining and living areas—perfect for hosting memorable gatherings. The primary suite features a walk-in closet and a private en-suite bath, while the well-sized secondary bedroom also includes a walk-in closet and easy access to the guest bathroom. Enjoy the convenience of an in-unit stackable washer/dryer and additional storage space below. This condo is the epitome of modern living, offering unparalleled access to the best of Georgetown’s dynamic lifestyle. Short Term Rentals allowed. Schedule a showing today!

Investor Tools

Property Icon
$422,742
Estimated Property Value
$142,447Estimated Mortgage Balance
$280,512Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,536 /month
Positive
Cash Flow Estimate:
$845 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$820/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,726
$422,742
2025
$228,300
$194,442
$422,742
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,726
$422,742

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Citizens Bank & Trust Co
Purchase Money Mortgage
$145,000
No
First
Apr 30, 2025
Apr 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$142,447
$280,295
66%
34%
$870/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
$1,070/mo
+$556/mo
4.6%

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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605 E University Ave Apt 201 | Property Details | No Agent List