ActiveResidential · sale

905 Walnut

Georgetown, TX 78626

$549,000

  • 4 beds
  • 2 baths
  • 1,709 sq ft
  • 0.34 acres
  • Built 1946

Listed by Wolf Real Estate · MLS #ACT8731625

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1946.

Property size

0.34 acres listed.

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

THE PROPERTY

Get to know the property.

One of Old Town Georgetown's most distinctive addresses. This Victorian-era property — believed to originate in the late 1800s — sits on a rare double-frontage lot of nearly a third of an acre, with street access on both Walnut and Pine. Set just blocks from Georgetown's celebrated Historic Square, the home carries the warmth and craftsmanship of another era: soaring ceilings, a welcoming front porch framed by mature trees, and a private pool that makes warm Texas evenings effortless.
What sets this property apart is not the house alone — it is everything around it. A two-story barn and a carriage house sit on the Pine Street side, offering the kind of flexible square footage that simply does not exist in new construction at any price: studio space, a private office, workshop, guest quarters, or income-producing dwelling. With lot depth running the full block and horse-friendly zoning, the possibilities here are genuine and varied. The lot's configuration may support a second residence — buyers are encouraged to verify with the City of Georgetown.
This is a property for someone with vision. The bones are exceptional. The location is irreplaceable. Whether you are drawn to the history, the lot potential, the creative possibilities of the barn, or simply the rare chance to own something that cannot be rebuilt — this is it. Priced to reflect the opportunity and sold in current condition.

THE NEIGHBORHOOD

Explore the location.

905 Walnut, Georgetown, TX 78626

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1946
Full baths
2
Half baths
0
Garage spaces
0
Cooling
Ceiling Fan(s), Central Air
Heating
Central, Natural Gas
Appliances
Dishwasher, Free-Standing Electric Range
Flooring
Vinyl, Wood
Fencing
Back Yard, Partial, Wire, Wood
Accessibility
None
Pool features
None
Subdivision
Dimmit Add
Parcel
20370000000039
Elementary school
Annie Purl
Middle school
Charles A Forbes
High school
East View
Annual property tax
$8,414.86

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$2,287.50
Cap rate

Annual operating income:

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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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905 Walnut, Georgetown, TX 78626 · MLS #ACT8731625

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Listing information

MLS #ACT8731625 · Austin Board of Realtors

Listing brokerage: Wolf Real Estate
Listing agent: Annette Montgomery

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