517 Luther DR, Georgetown TX 78628, Georgetown, 78628

$ 399,000
517 Luther DR, Georgetown TX 78628,

Overview

  • Property ID
  • 2651673
  • 1,968 ft2
  • 0 ac

Description

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.

Outdoor Details
Garage Attached
Other Features
Ceiling Fan(s)
Dishwasher
Disposal
Electric Dryer Hookup
Electric Water Heater
Electrical Utility Available
Entrance Foyer
Free-Standing Electric Range
Has Garage
High Ceilings
Laminate Counters
No Interior Steps
None
Open Floorplan
Pantry
Primary Bedroom on Main
Washer Hookup
Property Id : 2651673
Price: $ 399,000
Property Size: 1,968 ft2
Property Lot Size: 0 ac
Syndication Remarks: 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.
Parking Features: Attached, Door-Single, Driveway, Garage
Lot Size(acres): 0.1782
Lot Size(sf): 7762.39
Country: US
Last Listing Change: 2026-02-09T17:53:43.410Z
Property Key: 48491|R097097|1|44729877
Status Contractual Search Date: 2025-07-06
Listing Key Numeric: 197937964
Est. Taxes: 6877.38
Originating System Key: actris
Originating System Name: ABOR - actris
FEMA Flood Plain: No
#Photos: 27
State: TX
Last Status Change: July 6, 2025 at 07:21pm
Street Name: Luther
Laundry Location: In Kitchen, Inside, Laundry Closet, Main Level
Street# Ext.: 517
Street#: 517
Street Suffix: DR
Property Match: APN
$/SF: 202.74
Tax Filled SF Total: 1968
Unit Mix: 2/2
Unit Room Type: Primary Bedroom, Bedroom, Primary Bathroom, Bathroom, Kitchen, Family Room
Accessibility Features: None
Community Features: Curbs, Street Lights
Construction Materials: Masonry – Partial, Wood Siding, Stone Veneer
Cooling: Central Air
Covered Spaces: 2
Faces: SE
Directions: From I-35N, Take exit 260 to merge onto I 35 N Frontage Rd. Use the left lane to turn left onto Leander Rd. Turn left onto Luther Dr. Duplex will be on the right.
Elem School: Wolf Ranch Elementary
Elem School District: Georgetown ISD
Fencing: Back Yard, Partial, Privacy, Wood
Fireplace Features: Family Room
#Fireplaces: 2
Flooring: Carpet, Linoleum, Tile
Foundation Details: Slab
Garage Spaces: 2
Heating: Central
High School: East View
High School District: Georgetown ISD
Levels: One
Listing ID: 4234302
Listing Terms: Cash, Conventional, FHA, VA Loan
SF Source: Public Records
Lot Features: Curbs, Front Yard, Level, Trees-Medium (20 Ft - 40 Ft), Trees-Moderate
MLS Area Major: GTW
Middle School: James Tippit
Middle School District: Georgetown ISD
Status: Active
Other Structures: None
Parcel#: 20991600010045
Patio And Porch Features: Covered, Front Porch
Pets Allowed: No
Pool Features: None
Property Condition: Resale
Roof: Composition, Shingle
Sewer: Public Sewer
Special Listing Conditions: Standard
Tax Annual($): 6615.92
Utilities: Above Ground, Electricity Connected, Sewer Connected, Water Connected
View: Neighborhood
Water Source: Public
Waterfront Features: None
Window Features: Blinds
Year Built: 1985
$ 2,732.44
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,017.56
Sat 28 Feb
Sun 01 Mar
Mon 02 Mar
Tue 03 Mar
Wed 04 Mar
Thu 05 Mar
Fri 06 Mar
Sat 07 Mar
Sun 08 Mar
Mon 09 Mar
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Info is deemed accurate but not guaranteed. Published info is subject to change. Buyers should conduct their own due diligence and research.

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Gerald Bodle, MBA