517 Luther Dr, Georgetown, TX 78628

Local realty services provided by:ERA Colonial Real Estate
Listed by:brett danaher
Office:century 21 stribling properties
MLS#:4234302
Source:ACTRIS
517 Luther Dr,Georgetown, TX 78628
$399,000
  • - Beds
  • - Baths
  • 1,968 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$399,000
  • Price per sq. ft.:$202.74

About this home

Seize this exceptional opportunity to own a fully leased, professionally managed duplex in one of Georgetown's most desirable areas. Each unit boasts a spacious 2-bedroom, 2-bathroom open-concept design with high ceilings, cozy fireplaces, indoor laundry hookups, and attached single-car garages. There is also a large driveway for additional parking and both units also have their own fenced back yard. Recent improvements to unit A include, fresh full interior painting for a clean, updated look, recently replaced dishwasher and water heater for long-term durability and a recently upgraded central HVAC system. A significant capital improvement designed to boost property value and reduce future maintenance costs. Just minutes from I-35, Lake Georgetown, the Historic Downtown Square, and a host of shopping and dining options. This turnkey duplex offers the potential for immediate cash flow and long-term appreciation.

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Home facts

  • Year built:1985
  • Listing Id #:4234302
  • Updated:August 20, 2025 at 03:13 PM

Rooms and interior

  • Living area:1,968 sq. ft.

Heating and cooling

  • Cooling:Central
  • Heating:Central

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1985
  • Building area:1,968 sq. ft.

Schools

  • High school:East View
  • Elementary school:Wolf Ranch Elementary

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$399,000
  • Price per sq. ft.:$202.74
  • Tax amount:$6,616 (2025)
Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.