302 Hedgewood Drive | Georgetown, Texas | Fourplex For Sale – $675,000 Great investment opportunity in the growing Georgetown market! This fully leased fourplex offers strong rental income potential and is located just off Williams Drive, with convenient access to shopping, dining, and I-35. Each of the four units features 2 bedrooms and 1 bathroom with functional layouts and thoughtful updates throughout. The units offer open living, dining, and kitchen areas, durable vinyl plank flooring, and a cozy wood-burning fireplace that adds charm to the living space. The kitchens are fully equipped with refrigerator, pantry, and dishwasher (new dishwasher being installed), providing convenience for tenants. The dining area opens to a private patio, and each unit also includes a front patio storage closet for additional space. The primary bedroom features two closets, with a hallway linen closet offering extra storage. Washer and dryer are included in each unit, making these units highly attractive for renters. Additional features include designated parking areas for residents and a well-located property close to major Georgetown amenities, retail, restaurants, and commuter routes. With all units currently leased and producing income, this property presents an excellent opportunity for investors looking for a stabilized multifamily asset in Central Texas. Motivated seller – open to all offers. Investors welcome.
Active
Price cut: $5K (6/3)
$655,000
302 Hedgewood Dr, Georgetown, TX 78628
8beds
4baths
800sqft
Quadruplex
Built in 1984
-- sqft lot
$-- Zestimate®
$819/sqft
$-- HOA
What's special
Cozy wood-burning fireplaceThoughtful updates throughoutDurable vinyl plank flooringFunctional layoutsFront patio storage closet
- 112 days |
- 165 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
Doreen Sidney (512) 709-0913,
Teifke Real Estate (512) 870-8184,
Matt Teifke (512) 914-4806,
Teifke Real Estate
Source: Unlock MLS,MLS#: 1919024
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Rooms
- Room types: Primary Bedroom
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Free-Standing Range, Refrigerator
Features
- None
- Flooring: Carpet, Vinyl
- Windows: None
- Number of fireplaces: 1
- Fireplace features: None
Interior area
- Total interior livable area: 800 sqft
Property
Parking
- Total spaces: 1
- Parking features: None
- Garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: None
- Exterior features: None
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Size: 0.32 Acres
- Features: None
Details
- Additional structures: None
- Parcel number: 20140000020004
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Foundation: Slab
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: None
Community & HOA
Community
- Features: None
- Subdivision: Briarwood Sec 02
HOA
- Has HOA: No
Location
- Region: Georgetown
Financial & listing details
- Price per square foot: $819/sqft
- Tax assessed value: $373,341
- Annual tax amount: $6,785
- Date on market: 3/11/2026
- Listing terms: Cash,Conventional,FHA,VA Loan,Zero Down
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2026 | Price change | $655,000-0.8%$819/sqft |
Source: | ||
| 4/29/2026 | Price change | $660,000-0.8%$825/sqft |
Source: | ||
| 4/3/2026 | Price change | $665,000-1.5%$831/sqft |
Source: | ||
| 3/11/2026 | Listed for sale | $675,000+322.1%$844/sqft |
Source: | ||
| 1/14/2018 | Listing removed | $750$1/sqft |
Source: Alesca Property Management LLC Report a problem | ||
| 1/12/2018 | Listed for rent | $750$1/sqft |
Source: Alesca Property Management LLC Report a problem | ||
| 9/19/2009 | Listing removed | $159,900$200/sqft |
Source: Castle Hill Investments #9662085 Report a problem | ||
| 5/23/2009 | Listed for sale | $159,900$200/sqft |
Source: Castle Hill Investments #9662085 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,785 -6.6% | $373,341 -6.5% |
| 2024 | $7,263 -3.1% | $399,248 -4.3% |
| 2023 | $7,498 -22% | $416,982 -14.9% |
| 2022 | $9,619 +34.4% | $489,946 +41.9% |
| 2021 | $7,157 +7.9% | $345,252 +13.6% |
| 2020 | $6,634 +3.7% | $303,798 +5.3% |
| 2019 | $6,401 +6.4% | $288,611 +2.1% |
| 2018 | $6,015 | $282,746 +7.9% |
| 2017 | $6,015 +15.5% | $262,038 +16.2% |
| 2016 | $5,207 +25.4% | $225,440 +3.6% |
| 2015 | $4,153 | $217,540 +21.4% |
| 2014 | $4,153 | $179,136 +19.6% |
| 2013 | -- | $149,820 +0.7% |
| 2012 | -- | $148,820 +5.1% |
| 2011 | -- | $141,536 -8.7% |
| 2010 | -- | $155,041 -20.7% |
| 2009 | -- | $195,605 -3.4% |
| 2007 | -- | $202,482 +12.4% |
| 2006 | -- | $180,133 +16.3% |
| 2005 | -- | $154,928 -14.1% |
| 2004 | -- | $180,358 -5.4% |
| 2003 | -- | $190,609 +5.8% |
| 2002 | -- | $180,106 +19.9% |
| 2001 | -- | $150,185 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 78628
Nearby schools
GreatSchools rating
- 6/10Raye McCoy Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 5/10Charles A Forbes Middle SchoolGrades: 6-8Distance: 2.9 mi
- 7/10Georgetown High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- Elementary: Frost
- Middle: Douglas Benold
- High: East View
- District: Georgetown ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Texas
- Williamson County
- Georgetown
- 78628
- 302 Hedgewood Dr



