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303 Hedgewood Dr

Georgetown, TX 78628
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Just listedJust listed
3,072 Sqft
13,003 Lot Sqft
Residential Income - Quadruplex

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Description

Seller May Contribute to Buyer Expenses. Explanation ↓

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.

MLS#
ABORTX-5594011
List Price
$580,000 ($189/Sqft.)
Listing Status
For Sale
Address
303 Hedgewood Dr
City
Georgetown
State
TX
Zip Code
78628
County
Williamson County
Subdivision
Briarwood
Legal Description
S3239 - Briarwood Sec 2, Block C, Lot 10
Property Type
Residential Income - Quadruplex
Stories
2
Building Size
3,072 Sqft/Public Records
Lot Size
13,003 Sqft/Appraisal District

Exterior

Roof
Composition
Foundation
Slab
Exterior Type
Frame
Lot Description
Level, Public Maintained Road, Trees-Moderate
Parking
Off Street, Outside
Meter Description
Electric Separate,Gas Separate,Water Separate
Utility
Electricity Available,Natural Gas Not Available,Sewer Available,Water Available
Front Door Face
SE
Exterior
Exterior Steps

Interior

Furnished
Negotiable
Floors
Vinyl
Cooling
Central Air
Heating
Central
Appliances
Dishwasher, Range, RNGHD, Water Heater-Electric, Water Heater-Gas
Other Equipment
Compressor,Dryer Connections,Washer Hookup
Security System
Smoke Detector(s)
Interior
Electric Dryer Hookup, Gas Dryer Hookup, Open Floorplan, Washer Hookup

Lot Information

Lot Size
13,003 Sqft. /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Source last updated Nov 15, 2026 at 04:06 PM
Listing last updated Nov 15, 2026 at 06:06 AM
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Estimated Monthly Payments

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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

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