$960,000
Studio · 0 ba · 2,852 sqft
1223, 1223 1/2 & 1225 S Austin Ave S, Georgetown, TX 78626
1223, 1223 1/2 & 1225 S Austin Ave S, Georgetown, TX 78626 is a studio, 0-bathroom see remarks listed at $960,000 ($337/sqft). 2,852 sqft. Built in 1930. Located in Georgetown, Austin TX. Priced 66% above the Georgetown median of $203/sqft. MLS #4735249. Listed by Christies Intl Real Estate Lone Star.
Property Overview
This rare triple-property investment sits in the heart of Georgetown's historic downtown, just five blocks from The Most Beautiful Square in Texas. The three charming residences span 2,852 square feet across a generous 10,236-square-foot lot, offering exceptional flexibility for owner-occupants or investors seeking rental income. Each unit features hardwood floors, updated plumbing and electrical systems, central heat and air conditioning, and modern appliances including refrigerators, washers, and dryers. Water softeners ensure quality throughout.
Built in 1930, these well-maintained structures blend period character with contemporary functionality, positioned perfectly to capitalize on Georgetown's booming tourism and residential growth. The proximity to the downtown square's restaurants, galleries, live music venues, and shops makes these properties ideal for short-term vacation rentals or stable long-term tenancy. The seller offers flexibility—these three units can be purchased together, subdivided into separate parcels, or combined with the adjacent single-family home at 1221 S Austin Ave for an even larger portfolio.
Georgetown's transformation into Texas's fastest-growing city, coupled with its thriving 55+ community and the nearby Blue Hole recreation area, creates sustained demand for both residential and rental properties. This multi-unit offering at 1223, 1223½, and 1225 Austin Ave presents a strategic opportunity in one of Central Texas's most desirable small cities.
Agent Description
Unique opportunity to own 3 charming rental properties near The Most Beautiful Square in Texas. These 3 updated residences would make great Airbnbs or continue leasing long term. Hardwood floors, all new plumbing and electrical, central heat & air, water softeners, refrigerators, washers & dryers,... Only 5 block from the square for restaurants, shopping, music and art. Can be purchased with adjacent single home (1221 S Austin Ave) or the owner will subdivide these 3 structures to be a separate lot.
Neighborhood: Georgetown
This property is located in Georgetown, Austin, TX. The area is known for Historic Downtown Square, Sun City 55+, Blue Hole, Fastest-Growing City, Charming Character.
At $337/sqft, this listing is priced 66% above the Georgetown median of $203/sqft.
Property Details
| Property Type | Residential |
| Year Built | 1930 |
| Bedrooms | Studio |
| Bathrooms | 0 |
| Living Area | 2,852 sqft |
| Lot Size | 0.24 acres |
| Price / Sqft | $337 |
| Stories | One |
| Condition | Updated/Remodeled |
| Subdivision | Morrow Add |
| County | Williamson |
| MLS Area | GTE |
| Listed | Dec 9, 2025 |
| MLS # | 4735249 |
| Listed By | Christies Intl Real Estate Lone Star |
Interior
| Flooring | Tile, Wood |
| Appliances | Bar Fridge, Dishwasher, Disposal, Microwave, Free-Standing Range, Free-Standing Refrigerator, Water Heater, Water Softener |
| Interior Features | Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), Ceiling-High, Granite Counters, Double Vanity, Natural Woodwork, No Interior Steps, Open Floorplan, Recessed Lighting, Stackable W/D Connections, Two Primary Closets |
| Windows | Window Treatments |
| Laundry | Multiple Locations |
Systems & Utilities
| Cooling | Central Air, Electric |
| Heating | Central |
| Utilities | Electricity Connected, High Speed Internet, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected |
| Water Source | Public |
| Sewer | Public Sewer |
Exterior & Lot
| Construction | Clapboard, Frame, Vinyl Siding, Wood Siding |
| Roof | Composition |
| Foundation | Pillar/Post/Pier |
| Exterior Features | Exterior Steps |
| Patio & Porch | Deck, Front Porch |
| Fencing | Privacy |
| Lot Features | City Lot, Level, Public Maintained Road, Trees-Medium (20 Ft - 40 Ft), Trees-Moderate |
| View | Neighborhood |
| Faces | West |
Parking
| Parking Spaces | 6 |
| Garage Spaces | 3 |
| Parking Features | Detached, Driveway |
Community & HOA
| HOA | No |
| Community Features | Dog Park, Sidewalks, Street Lights, Trail(s) |
Assigned Schools
| Elementary | Annie Purl |
| Middle | James Tippit |
| High | East View |
| District | Georgetown ISD |
Taxes & Legal
| Tax Year | 2024 |
| Annual Tax | $1 |
| Assessed Value | $1,236,672 |
| Parcel # | 1223 S Austin Ave |
| Legal Description | MORROW ADDITION, |
| FEMA Flood Plain | No |
| In ETJ | No |
| Disclosures | Lead Base Paint Addendum, Seller Disclosure |
| Listing Conditions | Standard |
Listing data last updated:
Frequently Asked Questions
What is the listing price of 1223, 1223 1/2 & 1225 S Austin Ave S, Georgetown, TX 78626?
This property is listed at $960,000, which is $337 per square foot. That is 66% above the Georgetown area median of $203/sqft.
How many bedrooms and bathrooms does 1223, 1223 1/2 & 1225 S Austin Ave S, Georgetown, TX 78626 have?
This home has 0 bedroom and 0 bathroom, with 2,852 square feet of living space.
When was 1223, 1223 1/2 & 1225 S Austin Ave S, Georgetown, TX 78626 built?
This property was built in 1930, making it 96 years old.
What neighborhood is 1223, 1223 1/2 & 1225 S Austin Ave S, Georgetown, TX 78626 in?
This property is in Georgetown, Austin, TX. The area is known for historic downtown square, sun city 55+, blue hole.
How long has 1223, 1223 1/2 & 1225 S Austin Ave S, Georgetown, TX 78626 been on the market?
This listing has been on the market for 246 days.
What type of property is 1223, 1223 1/2 & 1225 S Austin Ave S, Georgetown, TX 78626?
This is a See Remarks on a 10,236.6 sqft lot.