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    Georgetown Duplex on Large Lot Title is generated by Realmo AI

    40202 Settlers Path, Georgetown, TX 78626

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    For Sale
    $749,000

    Income-producing duplex on 0.88 acres near major Texas landmarks.

    Type:Commercial
    Property size:
    3,500 SF
    Lot size:
    0.88 Acres
    Price / SF:
    $214/SF
    Added:
    Mar 24, 2026
    Days on Market:
    105
    Last Refresh:
    Jul 2 at 5:02 pm

    Property Features for 40202 Settlers Path

    General Information

    Standard status
    Active
    Size
    3,500 SF
    Lot size
    0.88 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1986

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    Rob Hinton

    Listing office Response Realty Advisors, LLC

    Listing date Mar 24, 2026

    Source Elliman

    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 Response Realty Advisors, LLC

    HighLights

    • Income‑producing duplex with over 3,500 sq ft on a .88 acre lot.
    • Updated left unit (2020) features new wood floors, upgraded kitchen & baths.
    • Newer roof and upgraded well, well‑house, and pump (2021).
    • Convenient location near 130‑Tollway and I‑35, with easy access to Tesla Giga‑Factory, Samsung campus, and Austin.
    • Each unit features 3 bedrooms, bonus rooms/office spaces, laundry rooms, and 3.5 bathrooms.
    • Two garages, driveways, and ample parking space.

    Overview

    Located in Georgetown, Texas, this income-producing duplex offers over 3,500 square feet of living space on a 0.88-acre lot. Situated just off the 130-Tollway and not far from I-35, the property is suitable as an investment opportunity, income generation, or residential use. Each side of the duplex features a floor plan with 3 bedrooms, bonus rooms or office spaces, laundry rooms, and 3.5 bathrooms. The property includes 2 garages, driveways, and ample parking. The left unit was updated in 2020 with new wood floors, and upgraded kitchen and baths. The entire building has a newer roof, and the well, well-house, and pump were upgraded in 2021. The exterior features stone siding on the front and hardy board around the rest of the main building. The property is easily accessible to the Tesla Giga-Factory, the Samsung campus in Taylor, The Circuit of the Americas, Austin’s new Q2 Soccer stadium, downtown Georgetown, Downtown Austin, The Austin-Bergstrom Airport, and The Domain, with restaurants and retail nearby.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $88.2k $25.20
    − Vacancy −$4.4k −$1.24
    EGI $83.8k $23.96
    − OpEx −$25.2k −$7.19
    NOI $58.7k $16.77
    3,500 SF · lease $25.20/SF/yr · vacancy 4.94% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $838.4K
    $733.6K – $978.2K (±1% cap)
    NOI $58,690 @ 7.0% cap · market cap 7.84%
    Second Best
    Apartment 5plus
    $766.5K
    $670.7K – $894.2K (±1% cap)
    NOI $53,652 @ 7.0% cap · market cap 7.16%
    Theoretical Best
    Office A
    $1.46M
    $1.28M – $1.71M (±1% cap)
    NOI $102,416 @ 7.0% cap · market cap 13.67%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Law Firm Building Supply Pharmacy Kitchen & Bath Showroom Bakery Garden Center Travel Agency Cosmetic Store Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Georgetown
    County
    Williamson
    State
    Texas
    Longitude
    -97.6373335
    Latitude
    30.6670549

    FAQs

    What type of property is this?
    Duplex - Income-producing duplex on 0.88 acres near major Texas landmarks.
    Where is this duplex located?
    The property is located at 40202 Settlers Path Georgetown, TX.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: Income‑producing duplex with over 3,500 sq ft on a .88 acre lot.; **Updated left unit (2020) features new wood floors, upgraded kitchen & baths.**; Newer roof and upgraded well, well‑house, and pump (2021).
    More about this property
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