21
Map
$425,000
●
Land -
For Sale
206 Meadow DR
Georgetown, TX 78633
Studio
0 Bath
$2,087
Est. Monthly
About This Property
Build your dream home on this recently subdivided 3.226 acre
property in Georgetown. The lot has been cleared and is ready for
your plans, with water and electric available at the street. A
stone wall fence runs along the east and south sides of the
property, adding character and definition to the homesite.
Conveniently located near the recently opened Parmer Ranch
Marketplace shopping center and just minutes from the shops,
restaurants, and everyday conveniences along Williams Drive. The
property also provides easy access to the upcoming Heirloom
Georgetown downtown district, adding even more shopping, dining,
and entertainment options nearby. The neighboring property at
214 Meadow Drive is also available for purchase separately for
$325,000, providing an opportunity to purchase additional acreage.
Unit Size
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Days on Market
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Land Size
3.23 acres
Price per sqft
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Property Type
Land
Property Taxes
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HOA Dues
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Year Built
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Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 11 days ago (Unlock MLS #ACT3775500)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 18, 2026 | Listed by All City Real Estate Ltd. Co | $425,000 | |
| Listed by All City Real Estate Ltd. Co | |||
| Jul 23, 2024 | Listed by KELLER WILLIAMS ADVANTAGE | $425,000 | |
| Listed by KELLER WILLIAMS ADVANTAGE | |||
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Imagine owning 5 acres of pristine land nestled conveniently close to Georgetown's bustling amenities. Located just off Williams Way, this expansive property offers a perfect blend of accessibility and seclusion. As you approach, you'll notice the tranquil ambiance, with parts of the land thoughtfully cleared, providing a clear canvas for your vision. Towering trees offer shade and privacy, creating a natural boundary that enhances the property's appeal. From this vantage point, you can envision your future amidst the peaceful surroundings while remaining within easy reach of Georgetown's vibrant shops, restaurants, and services. Whether you're seeking a serene escape or a strategic investment opportunity, this 5 plus acre parcel promises endless possibilities.
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Property Highlights
Exterior Details
Waterfront Features: None
Other Structures: None
Lot Features: Cleared, Wooded
Lot Size Area: 140524.56
Lot Size Units: Square Feet
Lot Size Acres: 3.226
Lot Size Square Feet: 140524.56
Water Source: Public
Financial Details
Tax Map Number: 1
Tax Assessed Value: $226,062
Utilities Details
Sewer : Septic Needed
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
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ft²
Price/ft²
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Asking Price
Listed On
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Closing Price
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HOA + Taxes
About North Lake
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Listed by: Brian Weinzetl
Listed Office: All City Real Estate Ltd. Co - Listing courtesy of Unlock MLS
Phone: (866) 277-6005
Last Updated: 2026-09-19 04:03:52
Data Source: Unlock MLS, MLS# ACT3775500
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: All City Real Estate Ltd. Co - Listing courtesy of Unlock MLS
Phone: (866) 277-6005
Last Updated: 2026-09-19 04:03:52
Data Source: Unlock MLS, MLS# ACT3775500
Based on information from Unlock MLS (alternatively, from ACTRIS). 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. Information being provided is 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. Some IDX listings have been excluded from this website.
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