304 E 7TH ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $419,045 and $488,548, with a best estimate of $450,725. That places the property above the G652H - Old Town Gtown Class H1 & H2 median of $409,550, in a neighborhood that declined 18.5% over the past year.
Estimated Value Range
$450,725
$465,650
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G652H - Old Town Gtown Class H1 & H2, this home's estimated market value is between $419,045 and $488,548. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$36,387 for 111 sqft more living space and -$2,978 for being older. Net adjustment: +$33,409.
Adjusted +$150,136 for 458 sqft more living space and +$2,978 for being newer. Net adjustment: +$153,114.
Adjusted +$30,158 for 92 sqft more living space and +$8,935 for being newer. Net adjustment: +$39,093.
Adjusted -$37,370 for 114 sqft less living space and +$5,957 for being newer. Net adjustment: -$31,413.
Adjusted -$22,946 for 70 sqft less living space and -$93,832 for no garage. Net adjustment: -$116,778.
The Neighborhood
This home is valued 13.7% above the G652H - Old Town Gtown Class H1 & H2 median of $409,550. With 382 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 18.5% over the past year.
G652H - Old Town Gtown Class H1 & H2
typicalThis home is +13.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,463 across all districts. With a homestead exemption claimed, that drops to $6,824 — saving $1,639 per year. That's $569 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% | $4,892 |
| Williamson County | County | 0.3694% | $1,720 |
| Georgetown | City | 0.3530% | $1,644 |
| Williamson County FM/Rd | County | 0.0443% | $206 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $8,463 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $450,725 would pay approximately $2,813 per month (principal and interest only, excluding taxes and insurance).