517 Luther Dr Georgetown, TX $ 399,000
517 Luther Dr
$ 399,000
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517 Luther Dr

Georgetown, TX, 78628
$ 399,000
Baths0.0 Sq 1,968

Monthly Estimate*

$ 2,489

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Studio

Multi-Family Home for sale in Georgetown, TX

for $399,000. This 1,968 square foot home was built in 1985 on a lot size of 0.1782.

Seize this exceptional opportunity to own a fully leased, professionally managed duplex in one of Georgetown's most desirable areas. Each unit boasts a spacious 2-bedroom, 2-bathroom open-concept design with high ceilings, cozy fireplaces, indoor laundry hookups, and attached single-car garages. There is also a large driveway for additional parking and both units also have their own fenced back yard. Recent improvements to unit A include, fresh full interior painting for a clean, updated look, recently replaced dishwasher and water heater for long-term durability and a recently upgraded central HVAC system. A significant capital improvement designed to boost property value and reduce future maintenance costs. Just minutes from I-35, Lake Georgetown, the Historic Downtown Square, and a host of shopping and dining options. This turnkey duplex offers the potential for immediate cash flow and long-term appreciation.

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Multi-Family Active

Price

$ 399,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,877

Style

Duplex

Lot Size

0.1782

Year Built

1985

Town/City

Georgetown

County/Region

Williamson

MLS | Web ID

4234302

Features
General
Living Area 1968
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Above Ground Electricity Connected Sewer Connected Water Connected
Roof Composition Shingle
Appliances Dishwasher Disposal Free-Standing Electric Range Electric Water Heater
Garage Spaces 2
Patio/Porch Features Covered Front Porch
Pool Features None
Construction Materials Masonry – Partial Wood Siding Stone Veneer
Pets Allowed No
Year Built 1985
View Neighborhood
Levels One
Property Subtype Duplex
Tax Year 2025
Waterfront Features None
Community Features Curbs Street Lights
Accessibility None
County Williamson
New Construction N
Property Type Residential Income
HOA N
Energy Efficient None
Subdivision Name Sierra Vista Sec 01
Facing Direction Southeast
Green Sustainability None
Other Structures None
Status Active
Directions From I-35N Take exit 260 to merge onto I 35 N Frontage Rd. Use the left lane to turn left onto Leander Rd. Turn left onto Luther Dr. Duplex will be on the right.
High School East View
City Georgetown
Disclosures None
MLS Area GTW
Lot Size Square Feet 7762.39
Elementary School Wolf Ranch Elementary
Tax Annual Amount 6615.92
Middle/Junior High School James Tippit
Property Condition Resale
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 334985
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Interior
Interior Amenities Ceiling Fan(s) High Ceilings Laminate Counters Entrance Foyer No Interior Steps Open Floorplan Pantry Primary Bedroom on Main
Flooring Carpet Linoleum Tile
Total Fireplaces 2
Fireplace Features Family Room
Window Features Blinds
Total Bedrooms 0
Total Baths 0
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Exterior
Exterior Amenities None
Fencing Back Yard Partial Privacy Wood
Parking Features Attached Door-Single Driveway Garage
Lot Features Curbs Front Yard Level Trees-Medium (20 Ft - 40 Ft) Trees-Moderate
Water Source Public
Total Parking 6
Foundation Details Slab
Lot Size Acres 0.1782
Waterfront Y/N N
Covered Spaces 2
Other Equipment Electric Dryer Hookup Washer Hookup
Horse Y/N N
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Internal Only
Street Number 1 517
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* Excluded Features
List By
Brett Danaher

Listing Agent

Century 21 Stribling Properties

Broker

brett.danaher@gmail.com

Email

Affordability Calculator

$3,062
Per Month
81%
19%
0%
Monthly Principal & Interest
$2,489
Monthly Property Taxes
$573
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4360457 Elementary School
4360347 Middle School
East View High School High School
Pricing History
DatePricePrice ChangeDescription
7/6/2025$399,000 Listed Price

Map


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517 Luther Dr, Georgetown, TX, 78628 is a Multi-Family Home for sale at $399,000 with 1,968 sqft and a lot size of 0.1782. 517 Luther Dr is a studio with 0.0 baths and was built in 1985. The property's zip code is 78628 which is in Georgetown, TX