214 W University Ave 214 W. University Ave., Georgetown, TX - Historic Gem & Rare Investment Opportunity Hurry-this may be your last chance to own one of Georgetown's most unique properties before it's removed from the market. Priced well below market value, this beautifully renovated 1885 home offers exceptional potential for both living and investment. Perfect for a boutique Airbnb, bakery, coffee shop, executive offices, or a small-scale boutique hotel, this property combines charm, functionality, and endless versatility. The home features three spacious bedrooms and two full baths, comfortably sleeping eight guests. Inside, you'll find an open-concept living area with abundant natural light, a gourmet kitchen with upgraded cabinetry and premium finishes, and a welcoming layout ideal for entertaining or everyday living. Upstairs, a bright game room opens to a walk-out balcony, creating a relaxing retreat or additional guest space. The property sits on a generous lot with room to expand-add guest suites, tiny homes, or a cozy outdoor recreation area with a firepit for guests or residents to enjoy. Located just steps from Georgetown's vibrant downtown square, you'll enjoy easy access to shops, restaurants, pubs, and wineries. Currently operating as a highly rated short-term rental with a 4.9-star reputation, this fully furnished, turnkey property is ready to continue generating income immediately. Sellers are motivated-bring a reasonable offer and make this historic Georgetown treasure yours today. Schedule your private showing and discover everything this remarkable property has to offer before it's gone.