302 Hedgewood Dr

Georgetown, TX 78628

$655,000

800 sq ft
0.32 acres
Built 1984

Listed by Teifke Real Estate · MLS #ACT1919024

302 Hedgewood Dr, Georgetown, TX 78628 — photo 1

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A FEW THINGS TO NOTICE

What stands out.

Details worth a look

The dining area opens to a private patio, and each unit also includes a front patio storage closet for additional space.

Year built

Built in 1984.

Garage parking

1 garage spaces listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

302 Hedgewood Drive | Georgetown, Texas | Fourplex For Sale – $675,000

Great investment opportunity in the growing Georgetown market! This fully leased fourplex offers strong rental income potential and is located just off Williams Drive, with convenient access to shopping, dining, and I-35.

Each of the four units features 2 bedrooms and 1 bathroom with functional layouts and thoughtful updates throughout. The units offer open living, dining, and kitchen areas, durable vinyl plank flooring, and a cozy wood-burning fireplace that adds charm to the living space. The kitchens are fully equipped with refrigerator, pantry, and dishwasher (new dishwasher being installed), providing convenience for tenants.

The dining area opens to a private patio, and each unit also includes a front patio storage closet for additional space. The primary bedroom features two closets, with a hallway linen closet offering extra storage. Washer and dryer are included in each unit, making these units highly attractive for renters.

Additional features include designated parking areas for residents and a well-located property close to major Georgetown amenities, retail, restaurants, and commuter routes.

With all units currently leased and producing income, this property presents an excellent opportunity for investors looking for a stabilized multifamily asset in Central Texas.

Motivated seller – open to all offers. Investors welcome.

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THE NEIGHBORHOOD

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302 Hedgewood Dr, Georgetown, TX 78628

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LOCAL MARKET CONTEXT

Williamson County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$410,583Down 2.7% vs. the previous 12 months

Months of supply4.912-month average

Days on market8912-month weighted average

Latest available data: August 2026. Research by ERA Brokers Consolidated.

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These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type: Residential Income
Category: Residential
Year built: 1984
Garage spaces: 1
Cooling: Central Air
Heating: Central
Appliances: Dishwasher, Disposal, Free-Standing Range, Refrigerator
Flooring: Carpet, Vinyl
Fencing: None
Accessibility: None
Pool features: None
Subdivision: Briarwood Sec 02
Parcel: 20140000020004
Elementary school: Frost
Middle school: Douglas Benold
High school: East View

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—

Estimated monthly rent$2,729.17

Cap rate—

Annual operating income: —

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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Purchase price

Rental income & operating costs

Estimated monthly rent

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Vacancy allowance (%) Management fee (%) Maintenance reserve (%) Capital reserve (%)

Annual property tax

Annual insurance

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Monthly HOA

Other monthly costs

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

Down payment (%) Interest rate (%) Loan term

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

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Make a strong first impression.
Bring together property preparation, professional marketing and applicant screening.
Stay connected to your investment.
Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimate Talk through your management needs

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302 Hedgewood Dr, Georgetown, TX 78628 · MLS #ACT1919024

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Listing information

MLS #ACT1919024 · Austin Board of Realtors

Listing brokerage: Teifke Real Estate
Listing agent: Doreen Sidney

Listing status: Active. Record updated September 10, 2026. Confirm current availability and price with the listing agent.