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$655,000
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Property Description
302 Hedgewood Drive | Georgetown, Texas | Fourplex For Sale - $675,000 Great investment opportunity in the growing Georgetown market! This fully leased fourplex offers strong rental income potential and is located just off Williams Drive, with convenient access to shopping, dining, and I-35. Each of the four units features 2 bedrooms and 1 bathroom with functional layouts and thoughtful updates throughout. The units offer open living, dining, and kitchen areas, durable vinyl plank flooring, and a cozy wood-burning fireplace that adds charm to the living space. The kitchens are fully equipped with refrigerator, pantry, and dishwasher (new dishwasher being installed), providing convenience for tenants. The dining area opens to a private patio, and each unit also includes a front patio storage closet for additional space. The primary bedroom features two closets, with a hallway linen closet offering extra storage. Washer and dryer are included in each unit, making these units highly attractive for renters. Additional features include designated parking areas for residents and a well-located property close to major Georgetown amenities, retail, restaurants, and commuter routes. With all units currently leased and producing income, this property presents an excellent opportunity for investors looking for a stabilized multifamily asset in Central Texas. Motivated seller - open to all offers. Investors welcome.
Full Property Details
Full Property Details for 302 Hedgewood Dr
General
- Price: $655,000
- Taxes: (2026)
- Status: Active
- Type: Multi-Family
- Source: Austin_MLS
- MLS ID: 1919024
- Updated: 6/3/2026
- Added to Site: 134 day(s) ago
Interior
- Interior Features: None
- Number of Fireplaces: 1
- Fireplace(s): None
- Appliances: Dishwasher, Free-Standing Range, Disposal, Refrigerator
- Flooring: Carpet, Vinyl
Rooms
Other Rooms
- Laundry: Multiple Locations
Additional Information
- Shared Amenities: None
- Security/Safety: None
- Equipment: None
Exterior
- Exterior Features: None
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: None
Location
- Area: GTW
- County: Williamson
- Subdivision: Briarwood Sec 02
- Driving Directions: IH 35 No, Exit 261A, Left Williams, Right on Briarwood, Right Rocky Hollow, Left at Hedgewood
- Direction Faces: East
School Information
- Elem School District: Georgetown ISD
- Midd School District: Georgetown ISD
- High School District: Georgetown ISD
- Elementary School: Frost
- Middle School: Douglas Benold
- High School: East View
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, None
Structural Information
- Detached/Attached: Detached
- Construction: Frame
- Roof: Composition
- Windows: None
- Stories/Levels: 2
- Square Feet: 800
- Sq. Ft. Source: Public Records
- Living Area: 800 Sq. Ft.
- Year Built: 1984
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.323
- Lot Size (Sq. Ft.): 14,069.88
- Lot Features: None
- Fencing (Description): None
Financial Considerations
- Assessment Amount: $610,000
- Tax Year: 2026
- Terms: Cash, Conventional, FHA, VA Loan, Zero Down
- Owner Pays: Grounds Care
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: Briarwood Sec 2, Block B, Lot 4
- Disclosures/Reports: Owner Is Listing Agent
- Property ID: 20140000020004
- Lot Number: 4
Listed by Teifke Real Estate
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Schools
Schools serving 302 Hedgewood Dr
School District:Georgetown Independent School District
| Name | Grades | Distance |
|---|---|---|
Raye Mccoy Elementary School 401 Bellaire Drive, Georgetown, TX 78628 | PK-5 | 1.6 mi |
Charles A Forbes Middle School 1911 Northeast Inner Loop, Georgetown, TX 78626 | 6-8 | 2.9 mi |
Georgetown High School 2211 North Austin Avenue, Georgetown, TX 78626 | 9-12 | 1.9 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 302 Hedgewood Dr
Date
Details
Price
Change
Source
6/03/2026
Price Reduced
$655,000
-0.76%
MLS
4/29/2026
Price Reduced
$660,000
-0.75%
MLS
4/03/2026
Price Reduced
$665,000
-1.48%
MLS
3/11/2026
Listed
$675,000
—
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 302 Hedgewood Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,785
-10%
$373,341
-10%
2023
$7,498
-22%
$416,982
21%
2022
$9,619
34%
$345,252
—
2021
$7,157
8%
$345,252
14%
2020
$6,634
-2%
$303,798
5%
2020
$6,737
4%
$288,611
2%
2018
$6,469
8%
$282,746
8%
2017
$6,015
7%
$262,038
7%
2016
$5,646
12%
$244,462
12%
2015
$5,033
21%
$217,540
21%
2014
$4,153
19%
$179,136
20%
2013
$3,486
—
$149,820
—
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 302 Hedgewood Dr
302 Hedgewood Drive, Georgetown, TX 78628 (MLS# 1919024) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 302 Hedgewood Drive is currently listed for $655,000 and was received on March 11, 2026. Want to learn more about 302 Hedgewood Drive? 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.

