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Map
116 Council RD
About This Property
Enjoy the freedom of no HOA while being just minutes from H-E-B, Georgetown ISD schools, Lake Georgetown, parks, hiking and walking trails, shopping, dining, and historic downtown Georgetown. This is a rare opportunity to experience the peace and privacy of acreage living without sacrificing the conveniences of town.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 11, 2026 | Listed by Century 21 Stribling Properties | $299,000 | |
| Listed by Century 21 Stribling Properties | |||
| Dec 13, 2024 | Listed by eXp Realty, LLC | $250,000 | |
| Listed by eXp Realty, LLC | |||
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The lot for your future dream home is here - 116 Council Rd in Georgetown, TX! Spanning just over 2 acres, this property is a serene retreat under a canopy of oak trees. With neighboring properties spanning at least an acre, you’ll enjoy privacy and space, the perfect start to crafting your dream home. Bring your own builder and take advantage of utilities like electricity and water already available.
Outdoor enthusiasts will love being close to Lake Georgetown, the San Gabriel River, and a network of hiking, jogging, and biking trails that lead to natural gems like Blue Hole Park and the San Gabriel River Trail. Just minutes from Georgetown Square and the luxurious Cimarron Hills Country Club. Plus, easy access to Downtown Austin makes this an excellent choice for commuters seeking a peaceful home base without sacrificing convenience. Imagine the home you always envisioned on a property that perfectly balances nature’s tranquility and modern convenience. Now is your chance to bring your dream home vision to life!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017