ActiveResidential · sale

132 Mexican Olive

Georgetown, TX 78628

$450,000

  • 3 beds
  • 3 baths
  • 2,009 sq ft
  • 0.13 acres
  • Built 2018

Listed by Focus Realty · MLS #ACT8559346

A FEW THINGS TO NOTICE

What stands out.

Details worth a look

Watch the birds from your covered patio with fireplace and dual ceiling fans.

Year built

Built in 2018.

Garage parking

2 garage spaces listed.

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

THE PROPERTY

Get to know the property.

Beautiful Gardens at Verde Vista home that stands out because of the view of the tranquil duck pond and large trees next door! Watch the birds from your covered patio with fireplace and dual ceiling fans. Plantation shutters and built-in study workspaces. Open great room is airy and relaxing. The kitchen features a large island with under-mount sink and raised bar, beautiful stone countertops, spacious cabinets, and a pantry. The single dining area is large enough to set up formally - even space for a china hutch. The primary suite is at the rear and offers space for a reading chair framed by corner windows. There are two large closets, an expansive vanity with dual sinks, large walk-in shower, and a private commode area with a pocket door for easy access. The second bedroom is at the front and offers an ensuite full bath and walk-in closet. Private and perfect for guests! The third bedroom is more of an office or hobby room with a wall-long double desk built-in that would be great for hobbyists or working from home. There is room for a queen bed or bunks for grandkids, as well as a large closet. French doors help the space feel open. There is also a powder bath and nice-sized laundry room. Plus a hall closet that could be both for guests’ coats and second pantry for large Costco quantities. There is also a two-car garage. The condo fees are $300/mo. Unlike most homes in the neighborhood, this home does not have a neighbor on the yard/patio side. Instead, you have the sounds and sights of nature around the pond and might see the hawk perching on the branch just above the garden wall. This is a freestanding condo that feels very much like a house. Gardens at Verde Vista offers a clubhouse just around the corner with a second pond and beautiful fountain. The convenient location just off Shell and Williams means HEB, Lake Georgetown, and many restaurants and shops are super close.

THE NEIGHBORHOOD

Explore the location.

132 Mexican Olive, Georgetown, TX 78628

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2018
Full baths
2
Half baths
1
Garage spaces
2
Cooling
Central Air
Heating
Central, Natural Gas
Appliances
Cooktop, Dishwasher, Disposal, Electric Oven
Flooring
Tile
Fencing
Stone
Accessibility
See Remarks
Pool features
None
Subdivision
Gardens/Verde Vista
Parcel
20452300GH0048
HOA
Gardens at Verde Vista
HOA amenities
Common Area Maintenance
HOA fee frequency
Monthly
Elementary school
Raye McCoy
Middle school
Charles A Forbes
High school
Georgetown
Annual property tax
$7,790.40
HOA fee
$300.00

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$397.88
Estimated monthly rent$1,875.00
Cap rate1.31%

Annual operating income: $5,899.60

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Purchase price
Rental income & operating costs

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

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.

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

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

Estimated monthly principal & interestLoan 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

See its potential.
Have a plan for what follows.

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

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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132 Mexican Olive, Georgetown, TX 78628 · MLS #ACT8559346

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Listing information

MLS #ACT8559346 · Austin Board of Realtors

Listing brokerage: Focus Realty
Listing agent: John Stapleton

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