Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    401 Hedgewood Drive #D Georgetown, TX 78628

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $995 /Mo

    Georgetown apartment featuring modern appliances and convenient amenities.

    Type:Quadruplex
    Property size:
    768 SF
    Added:
    Mar 19, 2025
    Days on Market:
    381
    Last Refresh:
    Apr 1 at 9:57 pm

    Property Features for 401 Hedgewood Drive #D

    General Information

    Standard status
    Active
    Size
    768 SF
    Property subtype
    Quadruplex

    Building Details

    Year Built
    1984

    We can help!

    Listing Contact
    Abigail Samford

    Listing agent Abigail Samford License #816557

    Listing office Austin SW

    Listing date Mar 19, 2025

    Source Kw

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Austin SW

    Overview

    Charming Georgetown Apartment with Amenities

    Located at 401 Hedgewood Drive, Unit D, Georgetown, TX 78628, this apartment offers 768 square feet of living space. The unit includes washer and dryer hookups, a refrigerator, a gas stove, and stainless steel kitchen appliances. Pet owners will appreciate the pet-friendly policy, with dogs under 50lbs welcome for an additional $30 monthly pet rent. The property is situated near Lake Georgetown, Historic Downtown Georgetown, and Wolf Ranch Town Center, providing various entertainment, shopping, and dining options. Tenants are required to participate in the Resident Perks Program at $25 per month per household. The apartment is intended for residential use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Georgetown
    County
    Williamson
    State
    Texas
    Longitude
    -97.6964
    Latitude
    30.6735

    Nearby Similar for Lease

    • $28/mo

      Georgetown Retail Space For Rent

      Prime retail opportunity with excellent visibility and strong traffic counts.
      901 N Austin Avenue, Georgetown, TX 78626
      View Details
    • $18/mo

      Office Space in Georgetown, TX

      Office space available for lease in Georgetown, Texas.
      302 Wright Brothers Drive, Georgetown, TX 78628
      View Details
    • $15/mo

      Shell Road Flex Space Available

      Flex space with office and warehouse components for sublease.
      3301 Shell Road, Georgetown, TX 78628
      View Details
    • Contact for pricing

      Georgetown Office Unit For Rent

      Functional 650 sq ft office unit near downtown Georgetown.
      1915 S Austin Ave Ste 111, Georgetown, TX, 78626-7805
      View Details
    • $38/mo

      Mixed-Use Development in Georgetown, Texas

      High-end mixed-use development with office, retail, and restaurant spaces.
      1500 Rivery Blvd, Georgetown, TX 78628
      View Details
    • $22/mo

      Georgetown Office/Medical Space Available

      Office, medical, or light retail space for lease.
      1401 Williams Dr, Georgetown, TX
      View Details
    • $18/mo

      Retail Space on University Avenue

      High visibility retail space available for lease on University Avenue.
      505 W University Ave, Georgetown, TX
      View Details
    • Contact for pricing

      Mixed-Use Development in Georgetown, Texas

      High-end mixed-use development with hotel, office, retail, and lofts.
      1500 Rivery Blvd, Georgetown, TX 78628
      View Details
    • $17/mo

      Move-in Ready Flex/Industrial Space

      Flex/industrial spaces with glass fronts, ready for immediate occupancy.
      181 Market St, Georgetown, TX
      View Details
    • Contact for pricing

      Office Space Near Housing Development

      Office space in a developing community near major amenities.
      2301 Westinghouse Rd, Georgetown, TX
      View Details
    • $28/mo

      Retail Space in Georgetown, Texas

      Retail space for lease in a growing Georgetown location.
      6601 Ranch Rd 2338, Georgetown, TX
      View Details
    • $35/mo

      Retail Space in NW Georgetown

      Multi-tenant retail building serving NW Georgetown rooftops.
      Williams Dr 3900, Georgetown, TX
      View Details

    FAQs

    What type of property is this?
    Quadplex - Georgetown apartment featuring modern appliances and convenient amenities.
    Where is this quadplex located?
    The property is located at 401 Hedgewood Drive #D Georgetown, TX.
    What is the lease rate?
    The lease rate is $995 /Mo.
    What are key features of this property?
    This property features: Second month of rent is free with a 12‑month lease.; Washer and dryer hookups are included in the unit.; Stainless steel kitchen appliances are included.
    (512) 448-4111
    We can help!
    Listing Contact
    Abigail Samford
    Real Estate License ID: 816557
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!