1221 TIMBER ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $512,243 and $1,119,173, with a best estimate of $868,729. 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
$868,729
$709,316
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $512,243 and $1,119,173. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$10,858 for 35 sqft less living space and -$45,600 for being older. Net adjustment: -$56,458.
Adjusted -$154,181 for 497 sqft less living space and +$12,667 for being newer and -$46,056 for no pool. Net adjustment: -$187,570.
Adjusted +$267,723 for 863 sqft more living space and -$12,667 for being older. Net adjustment: +$255,056.
Adjusted +$63,286 for 204 sqft more living space and +$63,333 for being newer. Net adjustment: +$126,619.
Adjusted +$434,313 for 1,400 sqft more living space and -$55,733 for being older. Net adjustment: +$378,580.
The Neighborhood
This home is valued 54.2% 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
outlier highThis home is +54.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,954 across all districts. With a homestead exemption claimed, that drops to $5,345 — saving $1,609 per year. That's $445 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% | $4,020 |
| Williamson County | County | 0.3694% | $1,414 |
| Georgetown | City | 0.3530% | $1,351 |
| Williamson County FM/Rd | County | 0.0443% | $170 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,954 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $868,729 would pay approximately $5,423 per month (principal and interest only, excluding taxes and insurance).