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  • Price cut: $5K (6/3)
    $655,000

    302 Hedgewood Dr, Georgetown, TX 78628

    8beds
    4baths
    800sqft
    : 
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    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
    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.
    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#: 1919024MLS Logo

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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

        DateEventPrice
        6/3/2026Price change$655,000-0.8%$819/sqft
        Source: Unlock MLS #1919024 Report a problem
        4/29/2026Price change$660,000-0.8%$825/sqft
        Source: Unlock MLS #1919024 Report a problem
        4/3/2026Price change$665,000-1.5%$831/sqft
        Source: Unlock MLS #1919024 Report a problem
        3/11/2026Listed for sale$675,000+322.1%$844/sqft
        Source: Unlock MLS #1919024 Report a problem
        1/14/2018Listing removed$750$1/sqft
        Source: Alesca Property Management LLC Report a problem
        1/12/2018Listed for rent$750$1/sqft
        Source: Alesca Property Management LLC Report a problem
        9/19/2009Listing removed$159,900$200/sqft
        Source: Castle Hill Investments #9662085 Report a problem
        5/23/2009Listed for sale$159,900$200/sqft
        Source: Castle Hill Investments #9662085 Report a problem

        Public tax history

        YearProperty taxesTax 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

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 78628

        Getting around

        41 / 100
        Car-Dependent
        38 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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