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
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.
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.