214 W. University Ave., Georgetown, TX – Rare Investment Opportunity Hurry—this is your chance to own one of Georgetown’s most distinctive and versatile properties before it’s taken off the market. Priced well below market value, this fully renovated 1885 Texas treasure combines timeless charm with modern income potential. Whether you envision a boutique Airbnb, bakery, coffee shop, executive office space, or an intimate boutique hotel, the possibilities here are endless. The spacious lot also allows room to expand—add guest suites, tiny homes, or a cozy outdoor recreation area with a firepit for visitors or residents to enjoy. Step inside and discover a beautifully updated home offering three spacious bedrooms and two full baths, thoughtfully designed with modern style and comfort. The open-concept layout welcomes natural light throughout, creating inviting spaces for both relaxation and entertaining. The heart of the home, a gourmet kitchen, is fully equipped with premium finishes, ample workspace, and quality appliances—perfect for everything from morning coffee to hosting a dinner party. Ideally situated in the vibrant heart of Georgetown, this property is just steps away from the historic downtown square with its boutique shops, restaurants, pubs, and wineries. It’s a proven income generator as a short-term rental, boasting an impressive 4.9-star rating. The property is offered fully furnished and turnkey—ready to continue welcoming guests or to adapt to your new vision. The sellers are motivated and open to reasonable offers. Schedule your private tour today and see firsthand how this property can be transformed into your next successful venture—or your own unforgettable retreat.
Active
$950,000
214 W University Ave, Georgetown, TX 78626
3beds
2,037sqft
Est.:
Single Family Residence
Built in 1885
0.3 Acres Lot
$-- Zestimate®
$466/sqft
$-- HOA
What's special
Premium finishesSpacious lotAmple workspaceThree spacious bedroomsGourmet kitchenQuality appliancesOpen-concept layout
- 433 days |
- 422 |
- 21 |
Zillow last checked: 8 hours ago
Listing updated: November 23, 2025 at 11:14am
Listed by:
Stacy Kelly Girton (512) 986-9522,
eXp Realty, LLC (888) 519-7431
Source: Unlock MLS,MLS#: 9659006
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 1
Primary bedroom
- Features: Ceiling Fan(s), Natural Woodwork
- Level: Main
Primary bathroom
- Features: Separate Shower
- Level: Main
Kitchen
- Features: Bar, Kitchen Island, CRWN, Dining Area, Gourmet Kitchen, Natural Woodwork, Plumbed for Icemaker, Recessed Lighting
- Level: Main
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Built-In Range, Dishwasher, Disposal, Dryer, Electric Range, Exhaust Fan, Ice Maker, Microwave, Electric Oven, Free-Standing Electric Oven, Free-Standing Electric Range, Refrigerator, Washer/Dryer, Wine Refrigerator
Features
- 2 Primary Baths, 2 Primary Suites, Built-in Features, Ceiling Fan(s), Chandelier, Crown Molding, Dry Bar, French Doors, High Speed Internet, In-Law Floorplan, Kitchen Island, Multiple Living Areas, Natural Woodwork, Pantry, Primary Bedroom on Main, Recessed Lighting, Storage, Washer Hookup
- Flooring: Wood
- Windows: Bay Window(s), Drapes, Window Treatments, Wood Frames
- Number of fireplaces: 2
- Fireplace features: Bedroom, Family Room, Wood Burning
Interior area
- Total interior livable area: 2,037 sqft
Video & virtual tour
Property
Parking
- Parking features: Additional Parking, Off Street, Open
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Front Porch, Rear Porch
- Exterior features: None
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Size: 0.3 Acres
- Features: Back Yard, Cleared, Front Yard, Level, See Remarks
Details
- Additional structures: None
- Parcel number: 20640000000055
- Special conditions: See Remarks
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Pillar/Post/Pier
- Roof: Metal
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1885
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: None
- Subdivision: Lost Addition
HOA
- Has HOA: No
Location
- Region: Georgetown
Financial & listing details
- Price per square foot: $466/sqft
- Tax assessed value: $421,000
- Annual tax amount: $7,658
- Date on market: 10/7/2024
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$2,642/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/20/2025 | Price change | $950,000-13.6%$466/sqft |
Source:  Unlock MLS #9659006 Report a problem | ||
| 10/7/2024 | Listed for sale | $1,100,000$540/sqft |
Source: Unlock MLS #9659006 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,658 -7.4% | $421,000 -8.4% |
| 2023 | $8,267 -3% | $459,734 +5.9% |
| 2022 | $8,524 +21% | $434,208 +27.7% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$6,153/mo
Principal & interest
$4617
Property taxes
$1203
Home insurance
$333
Climate risks
Neighborhood: 78626
Nearby schools
GreatSchools rating
- 2/10Annie Purl Elementary SchoolGrades: PK-5Distance: 1 mi
- 6/10James Tippit Middle SchoolGrades: 6-8Distance: 1.9 mi
- 5/10East View High SchoolGrades: 9-12Distance: 3.6 mi
Schools provided by the listing agent
- Elementary: Annie Purl
- Middle: James Tippit
- High: East View
- District: Georgetown ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Loading
- Loading
