303 Hedgewood Dr, Georgetown, TX 78628
Local realty services provided by:ERA Experts
Listed by: norma acosta
Office: compass re texas, llc.
MLS#:5594011
Source:ACTRIS
303 Hedgewood Dr,Georgetown, TX 78628
$580,000
- - Beds
- - Baths
- 3,072 sq. ft.
- Multi-family
- Active
Price summary
- Price:$580,000
- Price per sq. ft.:$188.8
About this home
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....
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Home facts
- Subdivision & Development:Briarwood
- Listing ID #:5594011
- Updated:November 15, 2026 at 11:24 AM
Rooms and interior
- Flooring:Vinyl
- Kitchen Description:Dishwasher, Range
- Living area:3,072 sq. ft.
Heating and cooling
- Cooling:Central
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Composition
- Building area:3,072 sq. ft.
- Lot area:0.3 Acres
- Lot Features:Level, Public Maintained Road, Trees-Moderate
- Construction Materials:Frame
- Exterior Features:Exterior Steps
- Foundation Description:Slab
Schools
- High school:East View
- Elementary school:Frost
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$580,000
- Price per sq. ft.:$188.8
Features and amenities
- Appliances:Compressor, Dishwasher, Dryer Connections, Electric Water Heater, RNGHD, Range, Washer Hookup, Water Heater
Parking
- Parking description:Off Street
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