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$399,000

517 Luther DR, Georgetown, TX 78628

1,968

sqft

0.18

acres

Estimated Mortgage: $2,465/moGet Prequalified
Duplex

About This Home

Seize this exceptional opportunity to own a fully leased, professionally managed duplex in one of Georgetown's most desirable areas. Each unit boasts a spacious 2-bedroom, 2-bathroom open-concept design with high ceilings, cozy fireplaces, indoor laundry hookups, and attached single-car garages. There is also a large driveway for additional parking and both units also have their own fenced back yard. Recent improvements to unit A include, fresh full interior painting for a clean, updated look, recently replaced dishwasher and water heater for long-term durability and a recently upgraded central HVAC system. A significant capital improvement designed to boost property value and reduce future maintenance costs. Just minutes from I-35, Lake Georgetown, the Historic Downtown Square, and a host of shopping and dining options. This turnkey duplex offers the potential for immediate cash flow and long-term appreciation.

Listings checked every few minutes. MLS# 4234302 was Last Updated: 03-01-2026.

Listed by Brett Danaher, Century 21 Stribling Properties (512) 423-5742

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Listing courtesy of Unlock MLS as distributed by MLS Grid. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but is not guaranteed accurate by MLS Grid or Unlock MLS.

What is the Sierra Vista neighborhood like?

Sierra Vista is a residential neighborhood of approximately 860 residents in southern Georgetown, Texas, within Williamson County. Built during the 1980s and 1990s, the community sits in the 78628 zip code and is accessible via Interstate 35 and State Highway 29. Homes in Sierra Vista range from roughly 1,432 to 3,300 square feet, though most fall at or below 2,300 square feet, and lots are sized at one-quarter to one-third of an acre. The wider-than-average lot dimensions give residents separation between homes that is less common in newer Georgetown subdivisions. There is no homeowners association governing Sierra Vista, which means residents have flexibility in property modifications, landscaping choices, and exterior additions without HOA review processes.

Explore Sierra Vista

What employers are near 517 Luther DR?

  • Georgetown ISD (Education)
  • St. David's Georgetown Hospital (Healthcare)
  • Southwestern University (Higher Education)

How does this property compare to others in Sierra Vista?

517 Luther DR is listed at $399K vs. the $362K median in Sierra Vista. The neighborhood average is $198/sqft. Homes in Sierra Vista average 55 days on market.

MetricSierra Vista
Median List Price$362K
Median Sold Price$359K
Average Days on Market55
Average Price per Sqft$198
Active Listings2

Market data as of May 2026.

Frequently Asked Questions

How much is 517 Luther DR?

517 Luther DR is listed for $399,000. It features 1,968 square feet, 0.1782 acres. Built in 1985.

What neighborhood is 517 Luther DR in?

517 Luther DR is located in the Sierra Vista neighborhood of Georgetown, Texas.

How does 517 Luther DR compare to other homes in Sierra Vista?

The asking price of $399,000 is 10.1% higher than the median home price of $362K in Sierra Vista. At $203/sqft, it compares to the neighborhood average of $198/sqft.

What are the details of 517 Luther DR?

517 Luther DR was built in 1985, and sits on 0.1782 acres of land, and is a duplex style home.