About This Home

INVESTOR OR REDEVELOPMENT OPPORTUNITY IN GEORGETOWN TEXAS! Situated on approximately 0.16 acres, this 2 bedroom, 1 bathroom property offers an opportunity for the right buyer with vision. Bring your contractor, creativity, and plans to explore the possibilities this property has to offer. Convenient Georgetown location with access to nearby shopping, dining, schools, and major roadways. Schedule your showing TODAY!

At $257/sqft, this home is priced 12% 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

607 E 19th St, Georgetown, TX 78626

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Property Details

Price $225,000

Status Active Listing

Beds 2

Full Baths 1

Half Baths ,

Living Area 875 sqft

Lot Size 0.16 acres (6,969.6 sqft)

Year Built 1945

Garage ,

Stories ,

Type Residential · Single Family Residence

Subdivision Lord Add

County Williamson

Zip Code 78626

$/sqft $257/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $4,144.24

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT245963404

List Date September 5, 2026

Elementary School Annie Purl

Middle School James Tippit

High School East View

School District ,

Have Questions About This Property?

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

1704 S Walnut St
Eidman Add $249,000 $213 3 bd / 2 ba 1,169 sqft , 2026-04-13

1204 Southwalk St
Smith Branch Park $249,000 $237 3 bd / 2 ba 1,050 sqft , 2026-06-05

1604 S PINE St
EIDMAN ADDN $280,000 $385 2 bd / 1 ba 728 sqft , 2026-04-01

202 Forest St
South San Gabriel Urban Renewal Blk O $285,000 $326 3 bd / 1 ba 875 sqft , 2026-02-13

806 E 4th St
Shell Add $289,900 $261 2 bd / 1 ba 1,110 sqft , 2026-09-10

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 (20% down · 7.25% rate)

Estimated Gross Rent+$1,080

Principal + Interest−$1,228

Property Tax (~2.1% TX avg)−$394

Insurance (~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 →

About the Author

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 September 6, 2026.

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

607 E 19th St

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Georgetown, TX

More Luxury Homes in Georgetown

607 E 19th St

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Georgetown, TX

More Luxury Homes in Georgetown

Explore Austin Real Estate