504 E 5th ST, Georgetown TX 78626

Georgetown, TX 78626 | Ledbetter

Ed's Opinion of Value

$195,576 Ed's Estimate: $302,650 $526,952
Lowest Comp Recommended List: $341,000 to $380,000 Highest Comp
The comparable sales data (7 recent transactions in LEDBETTER) supports an estimated value of $302,650. The data suggests a list price between $341,000 and $380,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in LEDBETTER, this home would be the most affordable of 3 comparable homes on the market. Being built in 1945 (33 years older than comps) is factored into the value estimate. Lot size matters here: 0.14 acres versus 0.17 for the typical comp. 3 similar homes are currently available in LEDBETTER, creating a buyer's market for this price range. Prices in 78626 have fallen 2.8% over the last 6 months. A similar home at 1216 S Myrtle ST, Georgetown TX 78626 carries an adjusted comparable value of $397,624, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in LEDBETTER. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group
3 Beds
2 Baths 2 Full
1,223 Sq Ft
0.1373 Acres
1945 Built

About This Property

Charming historic bungalow in the heart of downtown Georgetown, just blocks from the iconic Square, dining, shopping, and year-round events. This well-maintained 3-bedroom, 2-bath home blends classic character with modern updates and has been operating as a successful short-term rental, offering excellent investment potential.

The inviting interior features high ceilings, abundant natural light, and tasteful finishes throughout. The updated kitchen includes granite countertops, quality appliances, and an eat-in layout ideal for entertaining. Original architectural details add warmth and timeless appeal. The primary suite offers an en-suite bath, while two additional bedrooms provide flexibility for guests or everyday living.

Enjoy a fully fenced yard perfect for relaxing or outdoor dining, plus convenient off-street parking. With its unbeatable walkable location and proven rental performance, this property is ideal as a primary residence, second home, or income-producing investment in one of Georgetown’s most sought-after neighborhoods.

Features

  • Ceiling Fan(s)
  • Beamed Ceilings
  • Coffered Ceiling(s)
  • High Ceilings
  • Granite Counters
  • Double Vanity
  • Electric Dryer Hookup
  • Eat-in Kitchen
  • No Interior Steps
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting
  • Smart Thermostat
  • Stackable W/D Connections
  • Storage
  • Walk-In Closet(s)
  • Washer Hookup

Location

Schools

School District Georgetown ISD
Elementary Annie Purl
Middle School Charles A Forbes
High School East View

Property Details

Property Type Residential
Flooring Wood
Cooling Ceiling Fan(s), Central Air, Electric
Heating Central, Natural Gas
Exterior Gas Grill, Gutters Full, Private Yard
MLS # 8862302

Tax Information

Annual Taxes (MLS) $5,878 (2021)

Listing History

MLS# 8862302 7 days
Feb 27, 2026 Off Market
Feb 6, 2026 Pending
Jan 30, 2026 Listed $500,000

Frequently Asked Questions About 504 E 5th ST, Georgetown TX 78626

When was 504 E 5th ST, Georgetown TX 78626 built?

504 E 5th ST, Georgetown TX 78626 was built in 1945.

How much does 504 E 5th ST, Georgetown TX 78626 cost?

504 E 5th ST, Georgetown TX 78626 sold on February 27, 2026. Contact us for sale price details.

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