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517 Luther Dr, 
Georgetown, TX 78628

$399,000


Bed


Bath


1,968

Sq Ft


Multi-Family

Active

Listed by

Brett Danaher

Century 21 Stribling Properties

512-863-0021

Last updated:

July 24, 2025, 04:44 PM

MLS#

4234302

Source:

ACTRIS

About This Home

517 Luther Dr

Seize this exceptional opportunity to own a fully leased, professionally managed duplex in one of Georgetown's most desirable areas. Each unit boasts a spacious 2-bedroom, 2-bathroom open-concept design with high ceilings, cozy fireplaces, indoor laundry hookups, and attached single-car garages. There is also a large driveway for additional parking and both units also have their own fenced back yard. Recent improvements to unit A include, fresh full interior painting for a clean, updated look, recently replaced dishwasher and water heater for long-term durability and a recently upgraded central HVAC system. A significant capital improvement designed to boost property value and reduce future maintenance costs. Just minutes from I-35, Lake Georgetown, the Historic Downtown Square, and a host of shopping and dining options. This turnkey duplex offers the potential for immediate cash flow and long-term appreciation.

Home Facts

Multi-Family

Built in 1985

Price Summary

399,000

$202 per Sq. Ft.

MLS #:

4234302

Last Updated:

July 24, 2025, 04:44 PM


Rooms & Interior

Interior

Living Area:

1,968 Sq. Ft.


Structure

Structure

Building Area:

1,968 Sq. Ft.

Year Built:

1985


Finances & Disclosures

Finances

Price:

$399,000

Price per Sq. Ft:

$202 per Sq. Ft.

Source:ACTRIS
Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.