Active Listing  ·  105 days on market

1205 S Church St

Georgetown, TX 78626
$299,000
3 Bed 2 Bath 1,124 sqft $266/sqft Built 1945 0.15 acres Pool Cody Add

Investor opportunity in the heart of Georgetown! Located just blocks from Georgetown's historic downtown square, this property offers exceptional potential for renovation, redevelopment, rental investment, or future owner occupancy. Situated on a desirable lot in an established neighborhood, the property provides convenient access to dining, shopping, entertainment, parks, schools, and major commuter routes including I-35. The home requires significant repairs and updating and is being sold as-is. Limited interior photography is included due to property condition; additional interior photos and information are available upon request. Buyers are encouraged to conduct their own due diligence regarding square footage, room count, permits, zoning, land use, development potential, and property condition. Whether you're looking for your next investment project or an opportunity in one of Georgetown's most desirable central locations, this property offers outstanding potential.

At $266/sqft, this home is priced 16% above the Georgetown active market average of $229/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1205 S Church St, Georgetown, TX 78626

Property Details

Price $299,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,124 sqft
Lot Size 0.15 acres (6,534 sqft)
Year Built 1945
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Cody Add
County Williamson
Zip Code 78626
$/sqft $266/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $5,667.32
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT235580224
List Date June 10, 2026
Elementary School Annie Purl
Middle School James Tippit
High School East View
School District ,

Luke Allen (TREC #788149) has deep knowledge of Georgetown and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · June 10, 2026 $310,000
Current ask $299,000
Reduced $11,000 (-3.5%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

Similar Homes on the Market in Georgetown

Comparable Listings Right Now

Homes currently for sale in Georgetown with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
407 W 3rd St
South San Gabriel Urban Renewal Blk O
$299,900 $351 3 bd / 1 ba 855 sqft , 2026-09-16
2120 Leander St
Lansdale 2
$305,000 $319 2 bd / 1 ba 956 sqft , 2026-06-13
806 E 4th St
Shell Add
$289,900 $261 2 bd / 1 ba 1,110 sqft , 2026-09-10
1807 San Jose St
Coffee Add
$310,000 $242 2 bd / 2 ba 1,283 sqft , 2026-06-02
202 Forest St
South San Gabriel Urban Renewal Blk O
$285,000 $326 3 bd / 1 ba 875 sqft , 2026-02-13

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$1,435/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$59,800
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$1,435
Principal + Interest−$1,632
Property Tax (~2.1% TX avg)−$523
Insurance (~0.5%)−$125
Est. Monthly Cash Flow $-845

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Georgetown, TX

Georgetown sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Dell Technologies HQ 20 min S
Apple Campus (Domain) 30 min S
Williamson County jobs hub 5-10 min

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on August 31, 2026.

📞 (254) 718-2567 [email protected] More about Luke →