Georgetown Duplex on Large
40202 Settlers Path Georgetown, TX 78626
For Sale
Contact for pricing
Income-producing duplex in Georgetown on a .88 acre lot.
Property Size3,584 SF
Lot Size0.88 Acres
Price / SF$206.19
Days on Market1540
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 Agency:
RRA Realty LLC
Listed By:
Rob Hinton · License #TX 645215
Source:
Crexi
Added: May 7, 2022
Changed: Jul 6
Last Checked: Jul 20 at 3:10AM
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
Investment Insights
Based on property information with market context.
This 3,500+ square foot duplex in Georgetown, Texas, presents an opportunity for investment, income generation, or residential use. Situated on a .88 acre lot near the 130-Tollway and I-35, the property features a floor plan with ample space, a detached shed/workshop, two garages, driveways, and parking. Each side of the duplex includes three bedrooms, bonus rooms/office spaces, laundry rooms, and 3.5 bathrooms. The left unit was updated in 2020 with new wood floors, an upgraded kitchen, and updated bathrooms. 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 Tesla Giga-Factory is located along the 130, and the Samsung campus in Taylor is easily accessible. The Circuit of the Americas, Austin’s Q2 Soccer stadium, downtown Georgetown, Downtown Austin, the Austin-Bergstrom Airport, and The Domain are also easily accessible, with restaurants and retail in the surrounding area.
Key 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.
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 |
3,584 SF · lease $25.20/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$858.6K
$751.2K – $1.00M
NOI $60,099 @ 7.0% cap · market cap 8.13%
Second Best
Apartment 5plus
$784.9K
$686.8K – $915.7K
NOI $54,940 @ 7.0% cap · market cap 7.43%
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M
NOI $104,874 @ 7.0% cap · market cap 14.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Income-producing duplex in Georgetown on a .88 acre lot.
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 $739,000.
What are key features of this property?
This property features: 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.**
