Active Listing  ·  3 days on market

1704 S Walnut St

Georgetown, TX 78626
$225,000
3 Bed 2 Bath 1,169 sqft $192/sqft Built 1984 0.15 acres Pool Eidman Add

Great little starter home. With a little imagination, this could be a "dollhouse". Or an excellent investment property. Converted single car garage allows for plenty of additional storage or extra living space. Priced for a quick sale!!!

At $192/sqft, this home is 16% below the Georgetown active market average of $228/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1704 S Walnut St, Georgetown, TX 78626

Property Details

Price $225,000
Status Active Listing
Beds 3
Full Baths 1
Half Baths 1
Living Area 1,169 sqft
Lot Size 0.15 acres (6,534 sqft)
Year Built 1984
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Eidman Add
County Williamson
Zip Code 78626
$/sqft $192/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $4,898.96
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT252075686
List Date November 9, 2026
Elementary School Annie Purl
Middle School James Tippit
High School East View
School District Georgetown ISD

Georgetown ISD

Annie Purl · James Tippit · East View

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.

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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
607 E 19th St
Lord Add
$225,000 $257 2 bd / 1 ba 875 sqft , 2026-09-05
2408 McCook Dr
University Park
$258,000 $208 3 bd / 2 ba 1,243 sqft , 2026-09-10
457 High Tech Dr #7F
Old Mill Crossing
$284,990 $195 3 bd / 2 ba 1,459 sqft , 2026-10-01
806 E 4th St
Shell Add
$289,900 $261 2 bd / 1 ba 1,110 sqft , 2026-09-10
1205 S Church St
Cody Add
$299,000 $266 3 bd / 2 ba 1,124 sqft , 2026-06-10

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
$1,080/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
$45,000
20% conventional investment loan

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

Estimated Gross Rent+$1,080
Principal + Interest−$1,228
Property Tax (assumed ~2.1%)−$394
Insurance (assumed ~0.5%)−$94
Est. Monthly Cash Flow $-636

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

More Luxury Homes in Georgetown

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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 · 41 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. The written content was last updated on November 10, 2026.

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

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