Owner Financed Homes Georgetown
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Why Purchase Owner Financed Homes in Georgetown?
Georgetown was named for George Washington Glasscock who donated the land for the new town. Early American and Swedish pioneers were attracted to the area’s abundance of timber and good, clear water. In addition, the land was inexpensive and extremely fertile. Georgetown, Texas is the county seat of Williamson County, which was formed on March 13, 1848 after the early settlers petitioned the State Legislature to create it out of Milam County. The county was originally to have been named San Gabriel County, but was instead named after Robert McAlpin Williamson (aka Three-Legged Willie), a Texas statesman and judge at the time.
The Cullen Building on the campus of Southwestern University shortly after completion (circa 1900). Georgetown was an agrarian community for most of the 19th and early 20th centuries. The Chisholm Trail, a cattle trail that led from Texas to the rail centers in Kansas and Missouri, crossed through the heart of Georgetown. The establishment of Southwestern University in 1873 and construction of a railroad in 1878 contributed to the town’s growth and importance. A stable economy developed, based largely on agricultural activity. Cotton was the dominant crop in the area between the 1880s and the 1920s. Williamson County was the top producer of cotton in the State of Texas.
Population growth and industrial expansion continued modestly in the twentieth century until about 1960 when residential, commercial, and industrial development, due to major growth and urban expansion of nearby Austin, greatly accelerated. In 2008, Fortune Small Business Magazine named Georgetown the No. 2 best city in the nation to “live and launch” a new business.
In the town’s historic neighborhoods, adaptive restoration has been widely practiced as well, with special emphasis on the private restoration of older homes. The city was recently named one of the best places to purchase a historic house. With that being said, there are more than a few historic Owner Financed homes in Georgetown available today! Georgetown is home to one of the best preserved Victorian and Pre-WW1 downtown historic districts, with The Beaux-Arts Williamson County Courthouse (1911) as its centerpiece. Due to its successful preservation efforts, Georgetown was named a national Main Street City in 1997, the first Texas city so designated.
Georgetown is considered to be one of the best places to retire in the nation because of its fairly warm climate year round, close proximity to both the countryside and Austin, excellent medical care including Alzheimer’s care, and its increasing population of retirees. In 2007, Georgetown was named by Retirement Places Rated (Seventh Edition) as the Best Place in America to Retire. Even on fixed income, purchasing a home in Georgetown with Owner Financing will not be a problem.
The City of Georgetown is served by the Georgetown Independent School District and Georgetown High School, a National Blue Ribbon Award School, serves the community which makes it a great place to raise a family.
Georgetown is also the home of Southwestern University. Southwestern is a private, four-year, undergraduate, liberal arts college. Founded in 1840, Southwestern is the oldest university in Texas. The school is affiliated with the United Methodist Church although the curriculum is nonsectarian. Southwestern offers 40 bachelor’s degrees in the arts, sciences, fine arts, and music as well as interdisciplinary and pre-professional programs. The university is accredited by the Southern Association of Colleges and Schools and the National Association of Schools of Music.
Unfortunately Georgetown has not been able to lure major new employers in the manner that Round Rock has. But it has retained a strong sense of community with smaller employers, first class civic features, Southwestern University, historic homes and districts, and a bi-weeky hometown newspaper—the Williamson County Sun—which all work together to create a sense of place that make people want to purchase Owner Financed Homes in Georgetown.

