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1/22
$529,990
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1/22
Property Description
Here is a great opportunity to own an income producing duplex near the heart of Georgetown! Side A currently leased for $1825/mo!! Located within minutes of downtown, shopping, and grocery stores, this is a great location for living and/or investment. Both sides are currently leased. Side A was renovated and updated in 2022. Side B repainted in 2025. Both sides are 3 bedroom/2 bath with their own fenced backyard. 1-car garage for each side with additional outdoor parking.
Full Property Details
Full Property Details for 505 Hedgewood Dr
General
- Price: $529,990
- Taxes: $9,017 (2022)
- Status: Active
- Type: Duplex
- Source: Austin_MLS
- MLS ID: 1305607
- Updated: 1/4/2026
- Added to Site: 591 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Separate/Formal Dining Room, Multiple Living Areas, Multiple Dining Areas, Main Level Primary, Open Floorplan, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Family Room, Wood Burning
- Appliances: Built-In Oven, Cooktop, Dishwasher, Electric Cooktop, Exhaust Fan, Electric Water Heater, Disposal, Oven, Range
- Flooring: Tile, Vinyl
Rooms
Other Rooms
- Laundry: In Kitchen, Washer Hookup, Electric Dryer Hookup
Additional Information
- Shared Amenities: None
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Private Yard
- Porch/Patio/Deck: Front Porch, Porch
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 9
- Parking Features: Attached, Door-Multi, Driveway, Garage Faces Front, Garage
Location
- Area: GTW
- County: Williamson
- Subdivision: Briarwood
- Driving Directions: From I-35, turn on Williams Dr. Right on Wagon Wheel Trail. Left on Rocky Hollow Trl. Right on Hedgewood Dr. Home will be on the left.
- Direction Faces: Southeast
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: Georgetown
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central
Utilities
- Sewer: Private Sewer
- Water: Public
- Utility Description: Electricity Available, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Brick Veneer, Masonry
- Roof: Composition
- Windows: Window Treatments
- Stories/Levels: 1
- Square Feet: 2,592
- Sq. Ft. Source: Public Records
- Living Area: 2,592 Sq. Ft.
- Year Built: 1984
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.341
- Lot Size (Sq. Ft.): 14,853.96
- Fence: Yes
- Lot Features: Back Yard, Front Yard, Interior Lot, Level, Many Trees, Trees Large Size, Trees Medium Size
- Fencing (Description): Fenced
Financial Considerations
- Assessment Amount: $435,024
- Tax Amount: $9,017.38
- Tax Year: 2022
- Terms: Cash, Conventional, See Remarks
- Owner Pays: All Utilities, See Remarks, Taxes, Trash Collection
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Lease, Survey
- Legal Description: S3240 - BRIARWOOD SEC 3, BLOCK C, LOT 4, ACRES 0.341
- Disclosures/Reports: See Remarks
- Property ID: 20140000030004
- Block: C
- Lot Number: 4
Listed by Baker Realty
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Schools
Schools serving 505 Hedgewood Dr
School District:Georgetown Independent School District
| Name | Grades | Distance |
|---|---|---|
Raye Mccoy Elementary School 401 Bellaire Drive, Georgetown, TX 78628 | PK-5 | 1.5 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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 Hedgewood Dr
Date
Details
Price
Change
Source
5/01/2025
Price Reduced
$529,990
-0.75%
MLS
7/26/2024
Price Reduced
$534,000
-0.93%
MLS
6/06/2024
Listed
$539,000
—
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 505 Hedgewood Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,156
14%
$437,513
-13%
2023
$8,059
—
$503,315
12%
2023
$8,059
-6%
$448,209
36%
2022
$8,540
25%
$329,719
—
2021
$6,835
11%
$329,719
17%
2020
$6,139
-2%
$281,092
-6%
2020
$6,234
1%
$297,570
10%
2018
$6,184
11%
$270,292
11%
2017
$5,577
10%
$242,958
10%
2016
$5,086
23%
$220,235
23%
2015
$4,140
3%
$178,955
3%
2014
$4,031
30%
$173,866
30%
2013
$3,101
—
$133,269
—
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 505 Hedgewood Dr
505 Hedgewood Drive, Georgetown, TX 78628 (MLS# 1305607) is a Duplex property with 0 bedrooms and 0 full bathrooms. 505 Hedgewood Drive is currently listed for $529,990 and was received on June 06, 2024. Want to learn more about 505 Hedgewood Drive? Do you have questions about finding other Duplex real estate for sale in Georgetown? You can browse all Georgetown real estate or contact a Coldwell Banker agent to request more information.

