Active Listing  ·  13 days on market

806 E 4th St

Georgetown, TX 78626
$289,900
2 Bed 1 Bath 1,110 sqft $261/sqft Built 1955 0.16 acres Pool Shell Add

OLD TOWN GEORGETOWN OPPORTUNITY! Located near Georgetown’s historic downtown square, this approximately 1,110 sq. ft. property sits on an approximately 0.1553-acre lot (6,765 sq. ft.) and offers an opportunity for renovation, investment, or exploration of future redevelopment potential. The property is currently zoned RS – Residential Single-Family and carries a Mixed-Density Neighborhood Future Land Use designation. The property is also located within the Old Town Overlay and Edwards Aquifer Recharge Zone. The City’s current RS zoning permits detached single-family residential use by right, with certain additional uses potentially available subject to applicable limitations or City approval. Any proposed demolition, redevelopment, change of use, Special Use Permit, rezoning, or other development is subject to applicable City requirements and approvals, including HARC/Certificate of Appropriateness review where required. Buyer and buyer’s agent to independently verify zoning, permitted uses, redevelopment potential, square footage, lot size, restrictions, development requirements, and all other information with the appropriate authorities. Property is being sold as-is.

At $261/sqft, this home is priced 14% 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

806 E 4th St, Georgetown, TX 78626

Property Details

Price $289,900
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 1,110 sqft
Lot Size 0.16 acres (6,764.87 sqft)
Year Built 1955
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Shell Add
County Williamson
Zip Code 78626
$/sqft $261/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $5,369.02
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232351873
List Date September 10, 2026
Elementary School Annie Purl
Middle School Charles A Forbes
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
202 Forest St
South San Gabriel Urban Renewal Blk O
$285,000 $326 3 bd / 1 ba 875 sqft , 2026-02-13
1205 S Church St
Cody Add
$299,000 $266 3 bd / 2 ba 1,124 sqft , 2026-06-10
1604 S PINE St
EIDMAN ADDN
$280,000 $385 2 bd / 1 ba 728 sqft , 2026-04-01
407 W 3rd St
South San Gabriel Urban Renewal Blk O
$299,900 $351 3 bd / 1 ba 855 sqft , 2026-09-16
310 Raintree Dr
Raintree
$274,900 $310 2 bd / 1 ba 886 sqft , 2026-07-01

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
$1,392/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
$57,980
20% conventional investment loan

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

Estimated Gross Rent+$1,392
Principal + Interest−$1,582
Property Tax (~2.1% TX avg)−$507
Insurance (~0.5%)−$121
Est. Monthly Cash Flow $-818

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

Loading…
View All Luxury Homes →
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 September 17, 2026.

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