40202 Settlers Path, Georgetown, TX 78626
Income-producing duplex in Georgetown on a .88 acre lot.
- Added:
- May 7, 2022
- Days on Market:
- 1494
- Last Refresh:
- May 19 at 10:29 pm
Property Features for 40202 Settlers Path
General Information
- Standard status
- Active
- Size
- 3,584 SF
- Lot size
- 0.88 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1986
Listing agent Rob Hinton License #TX 645215
Listing office RRA Realty LLC
Listing date May 7, 2022
Source Crexi
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 RRA Realty LLC
HighLights
- Income‑producing duplex with 3,500+ sq ft on a .88 acre lot.
- Prime location near 130‑Tollway and I‑35, offering easy access to Tesla Giga‑Factory, Samsung campus, Austin, and Georgetown.
- Updated left unit (2020) with new wood floors, upgraded kitchen & baths.
- Newer roof and upgraded well, well‑house, and pump (2021).
- Each unit features 3 bedrooms, bonus rooms/office spaces, laundry rooms, and 3.5 bathrooms.
- Detached shed/workshop, 2 garages, multiple driveways, and ample parking.
Overview
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 | $90.3k | $25.20 |
| − Vacancy | −$4.5k | −$1.24 |
| EGI | $85.9k | $23.96 |
| − OpEx | −$25.8k | −$7.19 |
| NOI | $60.1k | $16.77 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Georgetown
- County
- Williamson
- State
- Texas
- Longitude
- -97.6373335
- Latitude
- 30.6670549
