tomo logo

$1,200,000

Beds
5
Baths
3.5
sq ft
2,794

1601 Forest St, Georgetown, TX 78626

1601 Forest St

Georgetown, TX 78626

  • 1 day on market
Step into a world of timeless elegance and modern sophistication with this breathtaking 2006-built residence, gracefully positioned on a sprawling, meticulously landscaped corner lot across from the serene Old Town Park. This architectural gem, adorned with a classic Victorian exterior, harmoniously marries historic charm with cutting-edge contemporary finishes, creating a living experience that is both luxurious and uniquely inviting. This extraordinary property presents a rare chance to secure your dream home with an exclusive 30-year owner-financing option, featuring an exceptionally low interest rate of just 4.5% (subject to minimum down payment and credit score requirements). Imagine owning this slice of paradise without the constraints of traditional financing. The main residence is complemented by an array of lavish features, including a heated saltwater pool with an in-floor cleaning system for effortless maintenance, an oversized 2-car garage, and a fully detached garage apartment. This versatile space is perfect for hosting guests, creating a private home office, or generating rental income. Recently utilized as a successful short-term rental, the property comes fully furnished, with most personal items available for inclusion in the sale, seamlessly integrated into the owner-financed package. Ideally situated just a 10-15 minute stroll from Georgetown Square and a mere 5-10 minute walk to an array of acclaimed restaurants, chic cafes, and boutique retail shops, this home offers the ultimate blend of convenience and charm. Immerse yourself in the vibrant energy of one of the most sought-after locations in Historic Georgetown. Don’t miss your chance to own this unparalleled property in one of the most coveted locations. Schedule your private tour today and experience the epitome of refined living. Your dream home awaits.

Details

Property type

Single Family Residence

Est. home value

$1,132,664

Property condition

Updated/Remodeled

Lot size

0.26 acres

Price per sq ft

$430

Year built

2006

Annual property taxes

$14,069

HOA

No

Price History

03/02/2025
Austin

Austin #3647660

Listed
$1,200,000

Schools & Community

Elementary school: 

Carver

Middle school: 

James Tippit

High school: 

East View

Community features: 

Park

High school district: 

Georgetown ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$633,075
Asking price
$1,200,000
Closing costs (~8% of asking)
-$96,000
Est. remaining loan balance
-$470,925
Cash to seller
$633,075

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

University Fcu

Loan start date

April 2021

Original loan amount

$513,500

Est. remaining balance

$470,925

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

William M Parker and Kimberly Ann Parker

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/03/2025 at 5:35 PM

Listing updated: 03/03/2025 at 4:05 AM

Listed by: Kimberly Parker, Pathfinder Realty Phone #: (512) 731-7395

MLS: Austin #3647660

Austin logo

Recently listed in Georgetown

$1,700,000|3 bd|3.5 ba|House
$530,800|3 bd|2.5 ba|House
$825,000|3 bd|2.0 ba|House
$395,000|3 bd|2.0 ba|House
$1,200,000|5 bd|3.5 ba|House
$274,900|2 bd|2.0 ba|House
$361,000|3 bd|2.5 ba|House