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$432,390

612 Oak Grove Ln, Georgetown, TX, 78628

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,400 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$317.86 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1.15 acres

Building Information

Year Built2018
Stories1

Land Information

APNR-20-8300-0000-0012B
Lot Number12
Land UseResidential
Legal DescriptionS11482 - OAK CREST RANCHETTES UNIT 3 (BLK 1 LT 12 REPLAT), BLOCK 1, LOT 12B, ACRES 1.15
Census Tract020121
Assessed Land Value$173,938
Assessed Improvement Value$258,452
Assessment Year2025

About this property

Picture yourself on a tranquil 1.5-acre property living in a delightful one-story home in Oakcrest Ranchettes. This community unfolds along the banks of the San Gabriel River, offering access to a picturesque trail system. Walk onto a large covered front porch and you'll immediately feel welcomed. Inside vaulted ceilings elevate the sense of openness and airiness throughout. The living/dining areas overlook the sprawling expanse of the rear yard, inviting nature's beauty indoors through eight windows. The kitchen, the heart of the home, boasts a seamless flow with a vast counter area ideal for culinary adventures and entertaining. The open living floor plan prioritizes space, functionality, and natural light. With three well-sized bedrooms, the primary stands out with its generous space and a convenient walk-in closet. The primary bath has a walk-in shower and the hall bath offers a bathtub. Both bathrooms have granite counters. Hand-scraped engineered hardwood floors add warmth throughout. Storage has been well thought out with a pantry and laundry room. Beyond the confines of the home, the property transforms into a private oasis. An eight-foot deer-proof fence encloses the grounds, allowing cherished flora and fauna, Raised beds, and flourishing gardens to thrive. Fruit trees are numerous and a stone fire pit area beckons outdoor gatherings and relaxation. The outdoor sanctuary extends further with a stone back patio, complete with a tranquil zen garden and soothing water feature. Raw metal herb gardens stand ready just beyond the back door, offering fresh flavours at arm's reach. From the stone xeriscape entrance to the rejuvenation hardware lighting adorning both front and back porches, every element reflects a commitment to thoughtful design. Welcome home to a sanctuary where every detail is designed to inspire and delight.

Investor Tools

Property Icon
$432,390
Estimated Property Value
$135,000Estimated Mortgage Balance
$302,241Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,670 /month
Positive
Cash Flow Estimate:
$890 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$538/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,295
$432,390
2025
$173,938
$258,452
$432,390
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,295
$432,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$135,000
No
First
May 2, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$130,359
$302,031
69%
30%
$810/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$810/mo
+$1,278/mo
5.8%

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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612 Oak Grove Ln | Property Details | No Agent List