304 E 8TH ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $190,899 and $330,965, with a best estimate of $297,902. That places the property below 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
$297,902
$339,375
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 $190,899 and $330,965. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$147,513 for 450 sqft less living space and +$2,978 for being newer. Net adjustment: -$144,535.
Adjusted +$30,814 for 94 sqft more living space and -$2,978 for being older. Net adjustment: +$27,836.
Adjusted +$46,549 for 142 sqft more living space and +$5,957 for being newer. Net adjustment: +$52,506.
Adjusted -$64,906 for 198 sqft less living space and +$2,978 for being newer. Net adjustment: -$61,928.
Adjusted -$123,255 for 376 sqft less living space. Net adjustment: -$123,255.
The Neighborhood
This home is valued 17.1% below the G652H - Old Town Gtown Class H1 & H2 median of $409,550. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 18.5% over the past year.
G652H - Old Town Gtown Class H1 & H2
below averageThis home is -17.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,168 across all districts. With a homestead exemption claimed, that drops to $4,574 — saving $1,594 per year. That's $381 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% | $3,565 |
| Williamson County | County | 0.3694% | $1,254 |
| Georgetown | City | 0.3530% | $1,198 |
| Williamson County FM/Rd | County | 0.0443% | $150 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,168 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $297,902 would pay approximately $1,859 per month (principal and interest only, excluding taxes and insurance).