$665,000
$10K PRICE DROP

Estimated payment $4,187/month

Total Views 2,048
8 Beds
4 Baths
800 Sq Ft
$831 Price per Sq Ft

Highlights

  • 1 Fireplace
  • Laundry in multiple locations
  • Dogs and Cats Allowed
  • No HOA
  • Central Heating and Cooling System
  • East Facing Home

About This Home

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.

Listing Agent

Doreen Sidney

Teifke Real Estate Brokerage Phone: (512) 709-0913 License #0730238 Listed on: 03/11/2026

Teifke Real Estate

Co-Listing Agent

Matthew Teifke

Teifke Real Estate Brokerage Phone: (512) 709-0913 License #0614043

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 14,070 Sq Ft Lot
  • East Facing Home

Parking

  • 1 Car Garage

Home Design

  • Quadruplex
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 800 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Laundry in multiple locations

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Schools

  • Frost Elementary School
  • Douglas Benold Middle School
  • East View High School

Utilities

  • Central Heating and Cooling System
  • No Utilities

Listing and Financial Details

  • Assessor Parcel Number 20140000020004

Community Details

Overview

  • No Home Owners Association
  • Briarwood Sec 02 Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0.32 Acres

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1984
  • Direction Faces: East
  • Directions: IH 35 No, Exit 261A, Left Williams, Right on Briarwood, Right Rocky Hollow, Left at Hedgewood
  • Disclosures: Owner/Agent
  • Fencing: None
  • Fireplaces: 1
  • Garage Spaces: 1
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: Two
  • Living Area: 800
  • Other Equipment: None
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Co List Office Mls Id: ACT8692
  • Co List Office Phone: (512) 870-8184
  • Attribution Contact: (512) 709-0913
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 6785.02
  • FEMA Flood Plain: No
  • Current Price Lot Size Squ: 47.26
  • Current Price By Living Ar: 831.25
  • "Current Price By Original ": 0.99
  • List Price Lot Size Square: 47.26
  • List Price By Living Area: 831.25
  • List Price By Original Lis: 0.99
  • Restrictions: None
  • Tax Exemptions: None
  • Unit Mix: 2/1
  • ACT_MonthToMonthYN: 0
  • ACT_PetDeposit: 0
  • ACT_FireplaceYN: 1
  • ACT_MonthToMonthYN: 0
  • ACT_PetDeposit: 0
  • ACT_FireplaceYN: 1
  • ACT_MonthToMonthYN: 0
  • ACT_PetDeposit: 0
  • ACT_FireplaceYN: 1
  • ACT_MonthToMonthYN: 0
  • ACT_FireplaceYN: 1
  • Special Features: None

Interior Features

  • Interior Amenities: None
  • View: None
  • Flooring: Carpet, Vinyl
  • Fireplace Features: None
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Free-Standing Range, Refrigerator
  • Property Condition: Resale
  • Window Features: None
  • Dining Room Type: Primary Bedroom
  • Laundry Location: Multiple Locations

Beds/Baths

  • Full Bathrooms: 4
  • Bedrooms: 8

Exterior Features

  • Exterior Features: None
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1
  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Utilities: None
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air
  • Meter Description: Electric Separate,Water Separate

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • Elementary School: Frost
  • High School: East View
  • Middle/Junior School: Douglas Benold
  • Junior High Dist: Georgetown ISD

Lot Info

  • Lot Features: None
  • Parcel Number: 20140000020004
  • Lot Size Acres: 0.323
  • Lot Size Sq Ft: 14069.88
  • Subdivision Name: Briarwood Sec 02

Rental Info

  • Owner Pays: Grounds Care
  • Total Actual Rent: 4825
  • Pets Allowed: Cats OK, Dogs OK

Building Info

  • Construction Materials: Frame
  • New Construction: No

Tax Info

  • Tax Year: 2026
  • Tax Filled Sqft Total: 3072
  • Tax Rate: 1.80000000000000

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,263 $373,341 $80,000 $293,341
2024 $7,263 $399,248 $80,000 $319,248
2023 $7,498 $416,982 $82,000 $334,982
2022 $9,619 $489,946 $82,000 $407,946
2021 $7,540 $345,252 $59,000 $286,252
2020 $6,737 $303,798 $51,435 $252,363
2019 $6,604 $288,611 $49,200 $239,411
2018 $6,469 $282,746 $43,335 $239,411
2017 $6,052 $262,038 $40,500 $221,538
2016 $5,646 $225,440 $40,500 $184,940
2015 $4,153 $217,540 $32,600 $184,940
2014 $4,153 $179,136 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2026 04/03/26 Price Changed $665,000 -1.5% $831 / Sq Ft
03/11/2026 03/11/26 For Sale $675,000 0.0% $844 / Sq Ft
04/08/2023 04/08/23 Rented $1,350 0.0% --
03/17/2023 03/17/23 For Rent $1,350 -- --
Source: Unlock MLS (Austin Board of REALTORS®)

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1919024

Unlock MLS (Austin Board of REALTORS®)

APN: R-20-1400-0002-0004

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