ActiveResidential · sale

350 Richard

Georgetown, TX 78626

$724,000

  • 4 beds
  • 2 baths
  • 2,039 sq ft
  • 2.71 acres
  • Built 1978

Listed by Keller Williams Realty Lone St · MLS #ACT2058416

A FEW THINGS TO NOTICE

What stands out.

Living spaces

Inside, the living room is defined by a vaulted ceiling, tile flooring, and a cozy wood-burning tile fireplace.

Details worth a look

Practicality is found in the laundry room, which includes a sink and direct access to the patio.

Year built

Built in 1978.

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

THE PROPERTY

Get to know the property.

The classic brick exterior of this one-story Georgetown residence introduces a serene rural lifestyle situated on an expansive 2.71-acre lot. Spanning 2,039 square feet, this well-maintained and updated home features four bedrooms, two full bathrooms, and shingle roofing. The tranquil setting is enhanced by a level landscape dotted with hardwood trees that offer shade, complemented by an irrigation system to maintain the grounds.
Inside, the living room is defined by a vaulted ceiling, tile flooring, and a cozy wood-burning tile fireplace. The kitchen comes equipped with stainless steel appliances, while the formal dining room provides a structured space for family dinners. Soft carpeting, crown molding, and a ceiling fan create a comfortable retreat in the bedrooms. The primary suite includes a walk-in closet alongside a primary bath added to the home in 2008, featuring a spa jetted tub. Practicality is found in the laundry room, which includes a sink and direct access to the patio. Outside, the fenced property features a pool, storage structures, outbuildings, and a detached 24 by 36 workshop/garage that provides vehicle parking and dedicated project space.
Ample parking options include a spacious gravel driveway alongside a separate driveway equipped with an electrical plug-in hookup for an RV. This property offers plenty of outdoor space for gardening, chickens, goats, or a horse, combining rural utility with functional living.
To experience this unique Georgetown acreage and tour the versatile workshop and updated home, schedule a private showing today.

THE NEIGHBORHOOD

Explore the location.

350 Richard, Georgetown, TX 78626

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1978
Full baths
2
Half baths
0
Garage spaces
3
Cooling
Ceiling Fan(s), Central Air, Electric
Heating
Central, Electric, Fireplace(s)
Appliances
Dryer, Exhaust Fan, Free-Standing Electric Oven, Free-Standing Electric Range, Refrigerator, Washer, Electric Water Heater
Flooring
Carpet, Tile, Wood
Fencing
None
Accessibility
None
Pool features
None
Subdivision
R M Ranch 05
Parcel
20430000000059
Elementary school
Williams
Middle school
Wagner
High school
East View
Annual property tax
$8,956.58

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$3,016.67
Cap rate

Annual operating income:

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
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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350 Richard, Georgetown, TX 78626 · MLS #ACT2058416

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More in Georgetown.

Listing information

MLS #ACT2058416 · Austin Board of Realtors

Listing brokerage: Keller Williams Realty Lone St
Listing agent: Janice Presnell

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