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$529,990

505 Hedgewood Dr Georgetown, TX 78628

0 beds
2,592 sqft
0.3 acres
$204 / sqft
Multi-Family

Property details

About 505 Hedgewood Dr

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.

Highlights

Home typeDuplex
HeatingCentral
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size2,592 sqft
Lot size0.341 Acres
Year built1984
ParkingAttached, Door-Multi, Driveway, Garage Faces Front, Garage
MLS #1305607
Garage2 spaces
FireplaceFamily Room, Wood Burning

Summary

  • Appliances: Oven, Cooktop, Dishwasher, Electric Cooktop, Exhaust Fan, Electric Water Heater, Disposal, Range
  • Flooring Type: Tile, Vinyl
  • Interior: Ceiling Fan(s), Separate/Formal Dining Room, Multiple Living Areas, Multiple Dining Areas, Main Level Primary, Open Floorplan, Walk-In Closet(s)
  • Fireplace: Family Room, Wood Burning
  • Garage Space: 2 spaces
  • Parking: Attached, Door-Multi, Driveway, Garage Faces Front, Garage
  • Waterfront: None
  • Exterior: Private Yard
  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)
  • List Price: $529,990
  • Price/SqFt: $204
  • Annual Tax Amount: $8,059
  • Tax Year: 2024
  • Lot: Back Yard, Front Yard, Interior Lot, Level, Many Trees
  • 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.
  • Year Built: 1984
  • Stories: 1
  • Living Area: 2,592 SqFt
  • Lot Size: 0.341 Acres
  • MLS Number: 1305607
  • MLS Name: ACTRIS
  • Office Name: Baker Realty
  • Office Phone: (512) 786-1799
  • Listing Agent: Matthew Baker

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2025 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

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Last updated on: 7/5/2025, 7:45:26 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$503,315$8,059
2023$448,209$8,540
2022$329,719$8,540
2021$329,719$5,789
2020$281,092$6,138
2019$297,570$6,184
2018$270,292$6,204
2017$242,958$5,577

History based on county public records data.

Nearby schools

3

Frost Elementary School

Public District EE-5

0.5 mi

711 Lakeway Dr

4

McCoy Elementary School

Public District PK-5

1.5 mi

401 Bellaire Dr

5

Village Elementary School

Public District PK-5

2.0 mi

400 Village Commons Blvd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $73,201. Most Georgetown, TX residents have annual incomes between $35k-100k. The most common type of family is married, with kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

21%
<35k
42%
35k-100k
34%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

28%
Single, No Kids
15%
Single, with Kids
28%
Married, No Kids
29%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
11%
12-17 yrs old
22%
18-34 yrs old
40%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • Figure SkatingFigure Skating
  • Symphony or OperaSymphony or Opera

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Chico'sChico's
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Bob EvansBob Evans
  • Boston MarketBoston Market

What do the neighbors drive?

  • MazdaMazda
  • OldsmobileOldsmobile
  • VolvoVolvo

What do the neighbors listen to?

  • RockRock
  • NewsNews
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 505 Hedgewood Dr

The listing price of 505 Hedgewood Dr property is $529,990.

The property 505 Hedgewood Dr is a multi located in Georgetown, Texas, 78628.

Active Listing: 505 Hedgewood Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 505 Hedgewood Dr are: Frost Elementary School (GreatSchools Rating 3/10), McCoy Elementary School (GreatSchools Rating 4/10), Village Elementary School (GreatSchools Rating 5/10), Benold Middle School (GreatSchools Rating 7/10), Georgetown Charter Academy (GreatSchools Rating 2/10), Goodwater Montessori School (GreatSchools Rating 5/10), Gateway Tech High School (GreatSchools Rating 6/10), Chip Richarte High School (GreatSchools Rating 5/10), Georgetown High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2024 is $8,059 (source: MLS/based on county public records data).

The property 505 Hedgewood Dr is 2,592 SqFt (source: MLS/tax record).

The year of construction for 505 Hedgewood Dr is 1984.

This home is located at 505 Hedgewood Dr in Georgetown, TX and zip code 78628 in the Briarwood neighborhood. This 2,592 square foot home, which was built in 1984, sits on a 0.34 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since June 6, 2024 and is currently priced at $529,990.

While more than 18 listings in Georgetown, TX in June 2025 were sold above asking price, there were more than 43 listings sold at asking price, and more than 141 were sold below. The inventory of homes for sale in Georgetown, TX between May and June 2025 increased by 2.9%. While the average time on the market in June 2025 was 68 days, the median list price was $458,498.

From Rocket Homes Real Estate and based on county public records data.

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