1516 COLLEGE ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $617,697 and $741,562, with a best estimate of $662,453. That places the property above the G619T68H - Central Georgetown median of $459,857, in a neighborhood that declined 0.2% over the past year.
Estimated Value Range
$662,453
$672,352
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G619T68H - Central Georgetown, this home's estimated market value is between $617,697 and $741,562. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$170,623 for 550 sqft less living space and +$10,133 for being newer. Net adjustment: -$160,490.
Adjusted +$138,050 for 445 sqft more living space and -$7,600 for being older. Net adjustment: +$130,450.
Adjusted -$18,924 for 61 sqft less living space and -$2,533 for being older. Net adjustment: -$21,457.
Adjusted +$200,094 for 645 sqft more living space and -$15,200 for being older. Net adjustment: +$184,894.
Adjusted +$175,276 for 565 sqft more living space and -$2,533 for being older. Net adjustment: +$172,743.
The Neighborhood
This home is valued 46.2% above the G619T68H - Central Georgetown median of $459,857. With 817 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.2% over the past year.
G619T68H - Central Georgetown
above averageThis home is +46.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,219 across all districts. With a homestead exemption claimed, that drops to $10,505 — saving $1,714 per year. That's $875 per month a buyer should budget. The assessed value increased roughly in line with the neighborhood, so a tax protest is unlikely to yield significant savings.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $7,064 |
| Williamson County | County | 0.3694% | $2,484 |
| Georgetown | City | 0.3530% | $2,373 |
| Williamson County FM/Rd | County | 0.0443% | $298 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $12,219 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $662,453 would pay approximately $4,135 per month (principal and interest only, excluding taxes and insurance).