Active Listing  ·  182 days on market

1407 S Myrtle St

Georgetown, TX 78626
$363,900
3 Bed 1 Bath 820 sqft $444/sqft Built 1930 0.09 acres Pool Hughes Second Add

Located on the tree-lined streets in coveted Old Town Georgetown, this beautifully updated 3-bedroom cottage offers the rare combination of historic charm and modern peace of mind.

From the moment you arrive, the classic gray-and-white exterior with a welcoming front porch sets the tone. Step inside to find soft, coastal-inspired paint tones throughout, rich hardwood floors and thoughtful updates that make this home truly move-in ready. The kitchen features stainless steel appliances, a farmhouse-style stove hood, open shelving and a stacked washer/dryer tucked neatly out of sight — plus a flexible dining nook that adapts to your space.

Each bedroom offers character-rich wood flooring, ceiling fans and abundant natural light, while the updated bathroom shines with subway tile, a classic penny-round floor, and stylish fixtures.

Major systems have already been taken care of for you: the HVAC was replaced just a couple of years ago, and the exterior siding was replaced and freshly painted in 2022. Both the front and back porches have been rebuilt/improved, and the yard has been professionally landscaped with a full sprinkler system installed — so all that's left to do is enjoy it.

Out back, a spacious, fully fenced yard with a private deck is ready for morning coffee, evening relaxing or weekend entertaining! All of this sits just steps from Georgetown's historic downtown square — walkable to boutique shopping, award-winning restaurants, and the charm that makes Old Town one of the most sought-after pockets in Williamson County.

At $444/sqft, this home is priced 96% above the Georgetown active market average of $227/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1407 S Myrtle St, Georgetown, TX 78626

Property Details

Price $363,900
Status Active Listing
Beds 3
Full Baths 1
Half Baths ,
Living Area 820 sqft
Lot Size 0.09 acres (3,920.4 sqft)
Year Built 1930
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Hughes Second Add
County Williamson
Zip Code 78626
$/sqft $444/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,658.59
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT218240897
List Date February 3, 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 →

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
2007 S Church St
Southside Add
$365,000 $376 2 bd / 2 ba 972 sqft , 2026-04-16
1004 Scenic Dr
South San Gabriel Urban Renewal Blk T
$399,500 $362 3 bd / 2 ba 1,104 sqft , 2025-11-25
2120 Leander St
Lansdale 2
$305,000 $319 2 bd / 1 ba 956 sqft , 2026-06-13
202 Forest St
South San Gabriel Urban Renewal Blk O
$300,000 $343 3 bd / 1 ba 875 sqft , 2026-02-13
1604 S PINE St
EIDMAN ADDN
$280,000 $385 2 bd / 1 ba 728 sqft , 2026-04-01

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
$1,747/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
$72,780
20% conventional investment loan

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

Estimated Gross Rent+$1,747
Principal + Interest−$1,986
Property Tax (~2.1% TX avg)−$637
Insurance (~0.5%)−$152
Est. Monthly Cash Flow $-1,028

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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