For sale
$580,000
303 Hedgewood Dr
Georgetown, TX 78628
- 0 beds
- 0 baths
- 3,072 sq ft
- 0.3 acres
Listing courtesy of Compass RE Texas, LLC · (512) 575-3644 · MLS# 5594011 · Status: Active
About this home
303 Hedgewood Drive, Georgetown, TX 78628 — Quadruplex Investment Opportunity | $580,000 Turnkey four-unit investment property in Georgetown, ideal for investors seeking immediate cash flow with room to grow. Built in 1984 on a 0.2985-acre lot shaded by mature trees, this two-story quadruplex offers 3,072 sq ft per WilCo CAD (3,198 sq ft per previous owner appraisal) across four individually metered units — no shared utility costs for the new owner. Unit Mix: Unit A (ground floor) – Remodeled, leased month-to-month at $1,300/mo Unit C (upper floor) – Remodeled, leased month-to-month at $1,300/mo Unit B (ground floor) – Original condition, leased month-to-month at $1,300/mo Unit D (upper floor) – Remodeled, currently vacant; market rent $1,300/mo Current gross rent of $3,900/month ($46,800/year) and potential rent of $5,200/month (62,400/year) with three units already updated and one unit offering value-add upside through renovation. Each unit has its own private entrance, with upper units accessed via a shared exterior staircase leading to private balconies/patios. Key Features: Roof replaced August 2021 All utilities separately metered (electric & water) Gravel parking area with ample off-street spaces Mature tree coverage for shade and curb appeal Located in Georgetown, TX — one of the fastest-growing cities in the country — with easy access to I-35, downtown Georgetown's historic square, and the greater Austin metro. A rare opportunity to acquire an asset that has 3 remodeled units.
Description provided by the listing brokerage.
Facts
- Property type
- Residential Income · Quadruplex
- Lot size
- 0.3 acres
- Living area
- 3,072 sq ft
- Price per sq ft
- $189
- County
- Williamson
- Neighborhood
- Briarwood
- School district
- Georgetown ISD
- Schools
- Frost · Douglas Benold · East View
Features
- Roof
- Composition
- View
- None
- Sewer
- Public Sewer
- Levels
- Two
- Cooling
- Central Air
- Fencing
- Wood
- Heating
- Central
- Flooring
- Vinyl
- Utilities
- Electricity Available, Natural Gas Not Available, Sewer Available, Water Available
- Appliances
- Dishwasher, Range, RNGHD, Electric Water Heater, Water Heater
- Lot
- Level, Public Maintained Road, Trees-Moderate
- Pets
- Negotiable
- Water
- Public
- Windows
- None
- Parking
- Off Street, Outside
- Exterior
- Exterior Steps
- Interior
- Open Floorplan
- Community
- None
- Fireplace
- None
- Foundation
- Slab
- Waterfront
- None
- Energy efficiency
- None
- Accessibility
- None
- Construction
- Frame
- Patio & porch
- None
Location
Listings courtesy of Unlock MLS as distributed by MLS GRID.
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