Condos & Townhomes

Luxury Downtown Living

QUICK FACTS FEATURES
Price Range: $150’s – $350’s Close to Historic Downtown Georgetown
Tax Rate: 2.267 Convenient to Restaurants and Shopping
Size of Project: 10-50 units Superior Interior Craftsmanship
Units For Sale: 10-20 No Maintenance Living
Vacant Lots For Sale: 0
Average Listed $/SF: $158/SF
Average Sold $/SF: $156/SF
Sold in 2005: 8 units
Average Days on Market: 121 Days

Good Things Come in Small Packages

Located in the heart of Georgetown, these new Condominium and Townhome developments offer upscale living for those who appreciate quality more than quantity. Perfect for the busy professional or retiring empty nester, all of these units maximize the amount of living space while minimizing the yardwork!

Village Park Condominiums – This development overlooks Blue Hole and San Gabriel Park and is located in a picturesque wooded, river environment. The architecture consists of hand-carved stone columns and large terraces with panoramic views. The developer, Larry Peel, is nationally recognized for building unique, quality projects in environmentally sensitive settings.

Main Street Townhomes – Located just two blocks from the downtown square, these townhomes are finished out with quality materials and craftsmanship. For a detailed list of specifications and to find out which development would be best for you, call us today!

**Downtown Homes** – If you’re in love with downtown Georgetown but a condo or townhome just isn’t your style, take a closer look at the homes in the Historic District. This area of Georgetown, Texas has increased in popularity (and appreciation) more than almost every other neighborhood in Georgetown. There are many hidden gems to be found downtown that are waiting to be renovated. If you’re not the handyman type, there are also homes that are luxuriously updated and still maintain the charm of a 100 year old home. Want to learn more about Georgetown, Texas Real Estate? Call Edward today at 512-554-9594!

Things to do in Georgetown, Texas

Georgetown, Texas has long been known as one of the best places in the country to retire but its reputation as a sleepy town is diminishing with the addition of several cool new restaurants and shops. Downtown Georgetown’s urban environment and walkability has attracted younger business owners to the area, creating fun things to do for every generation. Here are my suggestions for where to go while visiting the most beautiful town square in Texas:

georgetownsquare

Shops

Whether you’re looking for home décor, clothing, jewelry, or a one-of-a-kind gift, you’re sure to find something in Georgetown. There are numerous antique stores, all within walking distance from each other. Check out Sunshine West Vintiques for great deals on antiques as well as re-purposed vintage items. Another unique store on the square is Tribal Impressions. They carry cowboy and Indian museum quality replica wear as well as turquoise and silver jewelry, headdresses, books, music, and art. Therapie Boutique now has a permanent location inside of The Co-op 78626, a salon & boutique that stands out in Georgetown due its cool Austin vibe. Stop by for a makeover from head to toe!

For the kids: If you’re shopping for children or if you’re looking for a place to entertain them, you should check out All Things Kids. Not only do they sell exceptional toys but their store features a large Play Zone where children can play with all the toys and parents can work using the store’s WiFi.

Restaurants

Georgetown has no shortage of fantastic locally owned restaurants. Here are some new local favorites: Burger University, located in the century-old Lockett Building prides itself on its fresh, never frozen hamburger patties and its fries that are cut fresh every day. If you like live music, check out Roots Bistro. They have live music every Thursday, Friday, and Saturday night as well as a great craft beer selection and delicious food. Eats on 8th uses only the freshest ingredients from local growers to provide their customers with a unique farm-to-table experience. Whether it’s date night or you are having lunch with friends, definitely try out Eats on 8th. If you prefer giant pizza slices and a wide assortment of beer in a casual and fun environment, you’ll love 600 Degrees Pizzeria. 600 Degrees has become extremely popular since opening a year and half ago due to its delicious pizza and lively atmosphere.

For the kids: Hat Creek Burger Company is a favorite among local Georgetown families. Fellowship, family, and fresh cheeseburgers are the three pillars of this fun restaurant. Come enjoy great food in a casual atmosphere while your kids place in the large outdoor play area.

Outdoor Activities

The San Gabriel River runs through the city, providing a beautiful view for the 30 miles of hike and bike trails. There’s also an 18-hole disc golf course beginning in Rivery Park. If you’re feeling adventurous, check out Inner Space Cavern, one of the most well preserved caves in Texas.

For the kids: Last year Georgetown’s Creative Playscape was completely redone in an effort to bring the equipment up to Title II of the American with Disabilities Act, as well as current Texas Health and Safety Code standards. What once was a maze of wooden towers and tunnels is now a beautiful open park with plenty of exciting things for children to engage with.

With its unique combination of urban style and southern charm, Georgetown, Texas is a great place to visit and an even better place to call home. Feel free to contact me if you would like more information on buying property here in Georgetown!

4 Blocks from Historic Georgetown Texas: 404 East 8th Street


View Larger Map
4Br/2Ba/2Living/Bonus Building in Backyard (Scroll map to the right to see location of home)

Live Music, Market Days, Christmas Strolls, the list goes on and on….it’s what makes Historic Downtown Georgetown the heart of this city and why people from all over the world fall in love with the city of Georgetown, Texas.

However, the real “magic” of downtown Georgetown isn’t just the “special events,” it’s the unique lifestyle it offers for those who live, work and play here. Now, here’s your chance to be less than 4 blocks from “the square” and own a piece of history on 404 East 8th Street.

The Numbers:

This home is being GIVEN AWAY at $200,000 by the current owners! It’s approximately 2000 SF and that doesn’t include the bonus room that the current owners built in the backyard. If you do a little preliminary analysis, you’ll notice that $100/SF in this part of town, with this type of proximity to the square, is amazing. When the real estate market was appreciating in recent years, the part of town that experienced one of the highest percent gains was downtown Georgetown. It’s not unusual to see these older homes sell upwards of $130/sf to $150/sf.

The Delimma:

So why isn’t this sold? Currently the owners have some college students living in the home and paying rent. If you’ve been a college student before (or have college-aged kids) you know that housekeeping isn’t something they normally choose to major in. When I was at the University of Rochester my priorities were: Fulfilling my ROTC obligations, serving my college fellowship, squeaking by in school and hanging out with my future wife Autumn. Not necessarily in that order. I worried more about how I would get my next chicken wing fix, then I would about cleaning up the place. Fortunately, God blessed me with Josue Padilla, quite possibly the cleanest Puerto Rican man on earth!

The bottom line, staged homes help sell homes quicker. Messy college-boy homes take a bit longer. The other difficulty is finding a buyer who is willing to move in after the current lease is up sometime in May of 2010.

However, if you’re an investor, this is a dream. These types of homes are rarely vacant because college boys just rotate through them pretty automatically. Hold on to the home and sell it when the market peaks.

If you want to take advantage of the tax credits and interest rates, now is the perfect opportunity to snatch this up even if you are an owner-occupant.

12/21 Update: If you’re an investor looking to capitalize on the college rental market here’s a tip. Don’t just get a home with proximity to Southwestern University. Get one that is also close to the square. That way you can attract the college crowd and also have maximum potential for appreciation on your home due to the rare location. As of this date, this is the ONLY home on the market that is in the prime location I just described. There are maybe 4-5 other rental homes close to the University, but they are all about 1/2 – 1 mile from the square and are mostly located across a major street (University Avenue).

Check out the pictures below:

Live a stone’s throw away from Southwestern University in Historic Georgetown, Texas

1402 Laurel Street – Downtown Georgetown – Historic Charm with Investor Appeal: Duplex one block from Southwestern University.
Priced at $189,000 $175,000 – 1800+ SF: 2 Br/3 Ba/1 car garage + separate garage apartment
Front Backyard
Rare Multifamily just 1 block from Southwestern. Step out of your front door and walk up the block for about 5 minutes and you’ll be in the heart of Southwestern University’s 700-acre campus. Surrounded by majestic pecan trees, this home is in the ideal setting for a savvy investor who recognizes the potential of downtown Georgetown real estate. This home has 3 sections: 1. A two-story with attached garage, master suite upstairs and two living areas with a second full bath on the first floor 2. An attached one-story studio 3. A detached garage with adjacent apartment. All 3 sections can be lived in independently from each other.

Single Family Potential. The beauty of this property is that it can also be easily converted to a single family home. Imagine walking past the kitchen into a former studio apartment that now has two additional bedrooms with a full bathroom, gameroom and kitchen-converted wet bar. Walk around back to the fully converted garage and use it as a full guest casita that doubles as a home office. The wood floors and original architectural characteristics of this home have been carefully preserved for even the most discriminating renovator. This is the ideal property for somebody who wants a home and future investment in a prime location.

apt

Garage Apartment adds additional living space to the 1800 SF: Rent this space out or stick the guests here; With a little renovation this can be converted to a full 2 car garage, an ideal detached home office or a 1 bedroom casita. Has full bath, kitchen and private yard with separate entry.

studio

Attached Studio retains rich authentic wood floors: Open up the double doors to your private courtyard and let a cool Texas breeze blow through your Studio located in the heart of Georgetown. This is true downtown living. Has private dining area, full kitchen and bath.

CLICK ON ANY PICTURE TO ENLARGE:

Master deck Living Laurel.jpg Living 2 Laurel.jpg

Bathroom 2 Laurel.jpg Panoramic Back Laurel.jpg Kitchen Laurel.jpg

Studio Bath Laurel.jpg Studio 2 Laurel.jpg Living and Dining Laurel.jpg Studio Courtyard Laurel.jpg

Disclosure.PDF

duplex-letter

laurel-inspection-report

plumber-invoice

plumber-invoice-2

lbp-disclosure

Georgetown, Texas Real Estate Blog


Facebook Auto Publish Powered By : XYZScripts.com