303 Hedgewood DR, Georgetown, TX 78628
303 Hedgewood DR, Georgetown, TX 78628
303 Hedgewood DR, Georgetown, TX 78628
303 Hedgewood DR, Georgetown, TX 78628
303 Hedgewood DR, Georgetown, TX 78628
303 Hedgewood DR, Georgetown, TX 78628
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$ 580,000
Est. payment | /mo

3,072 SqFt


Save
$ 580,000
Est. payment | /mo
Save

3,072 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,072 sqft

Price per Sqft $188

Subdivision Briarwood

MLS Listing ID 5594011

HOA Y/N No

Tax Year 2026

Lot Size 0.298 Acres

Acres 0.2985

Property Sub-Type Quadruplex

Source actris

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.

Location

State TX

County Williamson

Interior

Interior Features Open Floorplan

Heating Central

Cooling Central Air

Flooring Vinyl

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Range, RNGHD, Electric Water Heater, Water Heater

Exterior

Exterior Feature Exterior Steps

Fence Wood

Community Features None

Utilities Available Electricity Available, Natural Gas Not Available, Sewer Available, Water Available

Waterfront Description None

View None

Roof Type Composition

Porch None

Building

Lot Description Level, Public Maintained Road, Trees-Moderate

Faces Southeast

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Frame

New Construction No

Schools

Elementary Schools Frost

Middle Schools Douglas Benold

High Schools East View

School District Georgetown Isd

Others

Pets Allowed Negotiable

Special Listing Condition Standard

Pets Allowed Negotiable

Listed by Compass RE Texas, LLC

Schools and Properties Nearby

Johnny Jones

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303 Hedgewood DR