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517 Luther DRGeorgetown, TX 78628

For Sale

$399,000

Smart Buyer Rebate $1,970

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.

Listed by Brett Danaher

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License #669850

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Century 21 Stribling Properties

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(512) 863-0021

Last updated July 22, 2025

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Source: ACTRIS #4234302

Listing Facts

  • TypeMulti-family
  • NeighborhoodSierra Vista
  • Days on Prevu62
  • Taxes$6,615.92/year
  • Size1,968 sqft
  • Price per sqft$203

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Air Conditioning
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

07/06/2025
Listed by Century 21 Stribling Properties
$399,000

Property Details for 517 Luther DR

Association

Amenities

  • Community Features: Curbs, Street Lights
  • Pets Allowed: No

Exterior

Construction

  • Property Condition: Resale
  • Roof: Composition, Shingle
  • Window Features: Blinds
  • Year Built: 1985
  • Construction Materials: Masonry – Partial, Wood Siding, Stone Veneer

Features

  • Direction Faces: SE
  • Fencing: Back Yard, Partial, Privacy, Wood
  • Patio And Porch Features: Covered, Front Porch
  • View: Neighborhood

Measurements

  • Lot Features: Curbs, Front Yard, Level, Trees-Medium (20 Ft - 40 Ft), Trees-Moderate
  • Lot Size Acres: 0.17
  • Lot Size Area: 0
  • Lot Size Square Feet: 7,762

Financial

Taxes

  • Parcel Number: 20991600010045
  • Tax Annual Amount: $6,615.92
  • Tax Assessed Value: $334,985.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dishwasher, Disposal, Free-Standing Electric Range, Electric Water Heater
  • Fireplace Features: Family Room
  • Fireplaces Total: 2
  • Flooring: Carpet, Linoleum, Tile
  • Interior Features: Ceiling Fan(s), High Ceilings, Laminate Counters, Electric Dryer Hookup, Entrance Foyer, No Interior Steps, Open Floorplan, Pantry, Primary Bedroom On Main, Washer Hookup

Measurements

  • Living Area: 1,968
  • Living Area Source: Public Records

Other

Location

  • Subdivision Name: Sierra Vista Sec 01
  • Tax Block: D
  • Tax Lot: 17

Parking

Parking

  • Attached Garage: Yes
  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Attached, Door-Single, Driveway, Garage
  • Parking Total: 6

Schools

Elementary School

  • Elementary School: Wolf Ranch Elementary
  • Elementary School District: Georgetown ISD

High School

  • High School: East View
  • High School District: Georgetown ISD

Middle or Junior School

  • Middle Or Junior School: James Tippit
  • Middle Or Junior School District: Georgetown ISD

Utilities

Equipment

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Other Equipment: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Utilities: Above Ground, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public

Based on information from ACTRIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.