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512-269-5087
Coldwell Banker Realty
303 Hedgewood Dr, Georgetown, TX 78628
- $580,000
- 3,072
- SqFt
- List Price
- $580,000
- Status
- ACTIVE
- MLS#
- 5594011
- Price Change
- ▲ $52,000 1794707597
- Days on Market
- 1
- Living Area
- 3,072
- Lot Size
- 13,002
- Area
- Cedar Park/Leander, Georgetown
Property Description
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.
Additional Information
- Tax Year
- 2026
- Exterior Features
- Exterior Steps
- Interior Features
- Open Floorplan
- Roof
- Composition
- Appliances
- Dishwasher, Range, RNGHD, Electric Water Heater, Water Heater
- Construction
- Frame
- Region
- Cedar Park/Leander, Georgetown
- View
- No View
- School District
- Georgetown ISD
- Elementary School
- Frost
- High School
- East View
- Middle School
- Douglas Benold
- Sewer
- Public Sewer
- Stories
- 2
- Street Name
- Hedgewood Dr
- Street Number
- 303
- Neighborhood
- Briarwood
- Water
- Public
- Acres
- 0.30
- County
- Williamson
- Floor
- Vinyl
- Heating
- Central
- Lot Description
- Level, Public Maintained Road, Trees-Moderate
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Listing courtesy of Compass RE Texas, LLC. Contact: (512) 575-3644
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