Selected for the Terner Labs Housing Venture Lab

605 Meadowbrook Dr, Georgetown, TX 78628

Active
Listed 105 days ago
Owner-Occupant Eligible
$399,989

About $2,117 a month to live here, after the rent from the other home.

House + ADU2,410 sqft4 beds2 bathsListed Jul 30, 2026

A house with a second home on the lot. Live in one and rent out the other. How it works

Live here for about

$2,117a month

The second home on the lot rents for $800. We hold back $144 of that for repairs and an empty month, and the rest goes toward a $2,773 monthly payment.

Income to qualify: about $70,000 a year

With how much down?

At 20% down ($79,998) and 6.0%, 30-year fixed. Your rate and down payment change this.

Get rich slow: keep this loan ten years and the payments pay off about $52,000 of it. See the ten-year math

See which homes fit your numbers
How we work this out

The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.

$12,000 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Welcome to one of the best values in Georgetown! Situated on a rare corner lot with an incredible 100 feet of street frontage, this beautifully updated home offers 2,280 square feet—the largest home currently available in the area. Major recent improvements provide peace of mind, including a 2023 roof, fresh interior and exterior paint, brand-new carpet, refinished wood floors, and new kitchen appliances, making this home truly move-in ready. Inside, you'll find timeless charm with plantation shutters throughout, beautiful hardwood flooring, and an expansive great room highlighted by a dramatic stacked stone fireplace. The kitchen features a gas range, stained-glass accent windows above the sink, and a convenient pass-through serving window to the outdoor bar—perfect for entertaining family and friends. Outdoor living is exceptional with three covered patios—a welcoming front porch and two separate covered rear patios, each with its own French door access. Towering mature oak trees create shade and privacy across both the front and back yards. The flexible floor plan offers endless possibilities. A 177-square-foot garage conversion connects to a second living area, making it ideal for a game room, home office, multigenerational living, or easily adding a bathroom to create a private guest suite or income-producing space. An additional large dry storage building provides ample storage today and could be converted into an art studio, workshop, or hobby space. Ideally located just minutes from the scenic San Gabriel River, Georgetown's award-winning Historic Square, Wolf Ranch Town Center, H-E-B, and Southwestern University, this home combines space, character, updates, and an unbeatable location. Opportunities to own a property with this much land, square footage, and flexibility at this price point are few and far between.

House + ADU

Property Type

11,391 sqft

Lot Size

1980

Year Built

Listing Date: 07/30/2026

Listed by: Amy Seely

Listing office: The Seely Group LLC

Contact: (512) 228-6262

Source: Unlock MLS #ACT5415954

Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.

CHOOSE YOUR UNIT

Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.

If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.

CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.

OFFER PRICE

Change your offer and watch the monthly cost move.

Purchase Price

-15%
$399,989

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$399,989
Your Down Payment$79,998
Financed$319,991
Estimated Monthly Payment$2,773

Before rent: principal and interest at 6.0% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.

MONTHLY BREAKDOWN

Estimate at 20% down ($79,998) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$2,773/month
Principal + Interest
$1,919
Property Taxes
$456
Home Insurance
$398
Rental Income (1 Unit)
$800/month

From the listing description.

Rental Expenses
-$144
Cost to live here
$2,117/month

Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.

BEFORE YOU OFFER

Now run it on your paycheck.

This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.

Free. No credit pull.

Unlock MLS logo

MLS# ACT5415954 · Listing office: The Seely Group LLC

Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.