Selected for the Terner Labs Housing Venture Lab

2212 Katy Ln, Georgetown, TX 78626

Active
Listed 36 days ago
Owner-Occupant Eligible
$590,000

About $690 a month to live here, after the rent from the other homes.

Quadplex4,096 sqft8 beds8 bathsListed Oct 7, 2026

A fourplex. Live in one home and rent out the other three. How it works

Live here for about

$690a month

The other homes rent for $4,200. We hold back $693 of that for repairs and an empty month, and the rest goes toward a $4,197 monthly payment.

Income to qualify: about $79,000 a year

With how much down?

At 20% down ($118,000) 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 $77,000 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.

$29,500 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Investment or owner-occupant opportunity in a convenient Georgetown location! Offered at $590,000, this fourplex features four 2-bedroom, 2-bath units, each with an in-unit washer and dryer. Three units are currently leased, providing immediate rental income, with current monthly rents of $1,250, $1,225 and $1,025. Unit D is currently vacant and being made ready for its next occupant, creating an opportunity for an investor to lease the fourth unit or for an owner-occupant to live on-site while collecting rental income from the other three units. The property offers excellent parking with 10 off-street spaces plus additional street parking. Conveniently located near Old Town Georgetown, Anne Purl Elementary, shopping, dining and recreational opportunities. With three income-producing units already in place and a fourth unit available for occupancy or lease, this property offers flexibility for both investors and buyers interested in combining homeownership with rental income. Vacant Unit D also allows for easy showings by appointment.

Quadplex

Property Type

8,381 sqft

Lot Size

2000

Year Built

Listing Date: 10/07/2026

Listed by: Michelle Ward

Listing office: Waterloo Realty, LLC

Contact: (512) 461-2396

Source: Unlock MLS #ACT1247223

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%
$590,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$590,000
Your Down Payment$118,000
Financed$472,000
Estimated Monthly Payment$4,197

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 ($118,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Current Rent
Estimated Monthly Payment (Before Rental Income)
$4,197/month
Principal + Interest
$2,830
Property Taxes
$722
Home Insurance
$645
Rental Income (3 Units)
$4,200/month

From what these units were listed for rent at on the MLS and leases in place.

Rental Expenses
-$693
Cost to live here
$690/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# ACT1247223 · Listing office: Waterloo Realty, 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.