Here are some restaurants in Georgetown:
http://www.visitgeorgetown.com/dining.restaurants.php
We also have most of your typical fast food places: Burger King, Wendy's, McDonald's, Chick-Fil-A, etc etc. They just opened a new IHOP, and they're building a new steakhouse, and a Catfish Parlour. Other newish places probably not on that list are Taco Cabana and Village Inn.
Probably the cheapest, non-fast food chain places around here are Tex Mex. Duke's BBQ is very good, but not exactly what I'd call cheap. (About $20 for two of us for lunch.)
I agree with the other posters... if you know you'll be working in GT, you might as well live here, too.
