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$590,000 Just Listed
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Property Description
Investment or owner-occupant opportunity in a convenient Georgetown location! Offered at $590,000, this fourplex features four 2-bedroom, 2-bath units, each with an in-unit washer and dryer. Three units are currently leased, providing immediate rental income, with current monthly rents of $1,250, $1,225 and $1,025. Unit D is currently vacant and being made ready for its next occupant, creating an opportunity for an investor to lease the fourth unit or for an owner-occupant to live on-site while collecting rental income from the other three units. The property offers excellent parking with 10 off-street spaces plus additional street parking. Conveniently located near Old Town Georgetown, Anne Purl Elementary, shopping, dining and recreational opportunities. With three income-producing units already in place and a fourth unit available for occupancy or lease, this property offers flexibility for both investors and buyers interested in combining homeownership with rental income. Vacant Unit D also allows for easy showings by appointment.
Full Property Details
Full Property Details for 2212 Katy Ln
General
- Price: $590,000
- Taxes: $10,767 (2025)
- Status: Active
- Type: Multi-Family
- Source: Austin_MLS
- MLS ID: 1247223
- Updated: 10/7/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Pantry
- Appliances: Cooktop, Dryer, Dishwasher, Disposal, Oven, Refrigerator, Washer
- Flooring: Carpet Free, Tile
Additional Information
- Shared Amenities: Community Mailbox, Curbs
- Security/Safety: Smoke Detector(s)
- Equipment: None
Exterior
- Exterior Features: None
Parking
- Total Spaces: 10
- Parking Features: None
Location
- Area: GTE
- County: Williamson
- Subdivision: Smith Branch Park
- Driving Directions: From I35, take exit 260 and turn right on Leander Rd. Continue on FM1460. Left on Quail Valley Dr then right on Creekside Ln. From Southwestern U, east on University Ave (TX-29) to Maple St (turn left). Left on Quail Valley Dr and right on Katy Ln.
- Direction Faces: Northeast
School Information
- Elem School District: Georgetown ISD
- Midd School District: Georgetown ISD
- High School District: Georgetown ISD
- Elementary School: Annie Purl
- Middle School: James Tippit
- High School: East View
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available
Structural Information
- Detached/Attached: Detached
- Construction: Masonry, Vinyl Siding
- Roof: Composition
- Windows: Window Treatments
- Stories/Levels: 2
- Square Feet: 4,096
- Sq. Ft. Source: Public Records
- Living Area: 4,096 Sq. Ft.
- Year Built: 2000
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1924
- Lot Size (Sq. Ft.): 8,380.94
- Fence: Yes
- Lot Features: Level, Trees Small Size
- Fencing (Description): Fenced, Partial, Wood
Financial Considerations
- Assessment Amount: $592,462
- Tax Amount: $10,767.26
- Tax Year: 2025
- Terms: Cash, Conventional, 1031 Exchange, FHA, See Remarks, VA Loan
- Owner Pays: Grounds Care, Insurance, Management
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: See Remarks, Survey
- Legal Description: SMITH BRANCH PARK, BLOCK E, LOT 9
- Disclosures/Reports: See Remarks
- Property ID: 20991700100043
- Block: E
- Lot Number: 9
Listed by Waterloo Realty, LLC
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Schools
Schools serving 2212 Katy Ln
School District:Georgetown Independent School District
| Name | Grades | Distance |
|---|---|---|
Annie Purl Elementary School 1953 Maple Street, Georgetown, TX 78626 | K-5 | 0.2 mi |
James Tippit Middle School 1601 Leander Road, Georgetown, TX 78628 | 6-8 | 2.3 mi |
East View High School 4490 East University Avenue, Georgetown, TX 78626 | 9-12 | 3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2212 Katy Ln
Date
Details
Price
Change
Source
10/07/2026
Listed
$590,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2212 Katy Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,767
-1%
$534,024
-12%
2023
$10,871
-18%
$604,556
20%
2022
$13,220
27%
$503,118
—
2021
$10,429
5%
$503,118
11%
2020
$9,904
-2%
$453,517
6%
2020
$10,058
8%
$428,679
6%
2018
$9,297
13%
$406,320
13%
2017
$8,235
29%
$358,748
30%
2016
$6,387
11%
$276,558
11%
2015
$5,739
26%
$248,055
9%
2013
$4,557
—
$228,044
16%
2013
$4,557
—
$195,850
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2212 Katy Ln
2212 Katy Lane, Georgetown, TX 78626 (MLS# 1247223) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 2212 Katy Lane is currently listed for $590,000 and was received on October 07, 2026. Want to learn more about 2212 Katy Lane? Do you have questions about finding other Multi-Family real estate for sale in Georgetown? You can browse all Georgetown real estate or contact a Coldwell Banker agent to request more information.

