Coldwell Banker Home Page

Local Realty Service Provided By: Coldwell Banker Green-Mills & Associates

Property view
Listing view 2
Listing view 3

303 Hedgewood Dr, 
Georgetown, TX 78628

$580,000


—

Bed


—

Bath


3,072

Sq Ft


Multi-Family

Active

Listed by

Norma Acosta

Compass Re Texas, LLC.

512-575-3644

Last updated:

November 14, 2026, 11:55 PM

MLS#

5594011

Source:

ACTRIS

About This Home

303 Hedgewood Dr

303 Hedgewood Drive, Georgetown, TX 78628 — Quadruplex Investment Opportunity | $580,000 Turnkey four-unit investment property in Georgetown, ideal for investors seeking immediate cash flow with room to grow. Built in 1984 on a 0.2985-acre lot shaded by mature trees, this two-story quadruplex offers 3,072 sq ft per WilCo CAD (3,198 sq ft per previous owner appraisal) across four individually metered units — no shared utility costs for the new owner. Unit Mix: Unit A (ground floor) – Remodeled, leased month-to-month at $1,300/mo Unit C (upper floor) – Remodeled, leased month-to-month at $1,300/mo Unit B (ground floor) – Original condition, leased month-to-month at $1,300/mo Unit D (upper floor) – Remodeled, currently vacant; market rent $1,300/mo Current gross rent of $3,900/month ($46,800/year) and potential rent of $5,200/month (62,400/year) with three units already updated and one unit offering value-add upside through renovation. Each unit has its own private entrance, with upper units accessed via a shared exterior staircase leading to private balconies/patios. Key Features: Roof replaced August 2021 All utilities separately metered (electric & water) Gravel parking area with ample off-street spaces Mature tree coverage for shade and curb appeal Located in Georgetown, TX — one of the fastest-growing cities in the country — with easy access to I-35, downtown Georgetown's historic square, and the greater Austin metro. A rare opportunity to acquire an asset that has 3 remodeled units.

Home Facts

Multi-Family

Subdivision & Development:

Briarwood

Price Summary

580,000

$188 per Sq. Ft.

MLS #:

5594011

Last Updated:

November 14, 2026, 11:55 PM


Rooms & Interior

Interior

Living Area:

3,072 Sq. Ft.


Structure

Structure

Building Area:

3,072 Sq. Ft.


Lot

Lot Size (Sq. Ft):


Finances & Disclosures

Finances

Price:

$580,000

Price per Sq. Ft:

$188 per Sq. Ft.

Source:ACTRIS
Copyright 2026 UnLock MLS . All rights reserved. Listings courtesy of UnLock MLS as distributed by MLS GRID

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.