40202 Settlers Path Georgetown, TX 78626
- Commercial real estate
- 3,584 SF
- 0.88 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 40202 Settlers Path
- Year built
- 1986
- Lot size
- 0.88 lot acres
- Property size
- 3,584 SF
- Property type
- Commercial real estate
Description
This exceptional Georgetown, Texas investment opportunity presents a 2-unit apartment building, ideally situated on a spacious 0.88-acre lot at 40202 Settlers Path, 78626. Boasting a total of 3,584 square feet, this property offers significant income potential. Each unit features a generous floor plan encompassing 3 bedrooms, plus bonus rooms/offices, laundry rooms, and 3.5 bathrooms. The left unit underwent a complete renovation in 2020, showcasing updated wood floors, a modern kitchen, and upgraded bathrooms. The property also includes a detached shed/workshop, two garages, ample parking, and attractive stone and hardy board exterior finishes. Significant upgrades completed in 2021 include a new roof for the entire building, and an upgraded well, well-house, and pump. Its prime location offers easy access to major roadways like the 130-Tollway and I-35, placing it within convenient reach of the Tesla Giga-Factory, Samsung campus in Taylor, Circuit of the Americas, downtown Georgetown, downtown Austin, Austin-Bergstrom Airport, and The Domain. The property's proximity to various amenities and employment centers further enhances its investment appeal. This multifamily property is priced at $785,000, representing a compelling $392,500 per unit. Built in 1986, with a two-story design across four buildings, this property is a strong contender for investors seeking a high-return asset in a rapidly growing area.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Georgetown
- County
- Williamson
- State
- Texas
- Longitude
- -97.637057972446
- Latitude
- 30.667101070102
