1605 ELM ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $62,415 and $312,116, with a best estimate of $297,406. 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
$297,406
$404,448
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 $62,415 and $312,116. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$39,009 for 119 sqft less living space. Net adjustment: -$39,009.
Adjusted -$135,712 for 414 sqft less living space and +$2,978 for being newer. Net adjustment: -$132,734.
Adjusted -$164,887 for 503 sqft less living space and -$114,024 for no pool. Net adjustment: -$278,911.
Adjusted -$122,928 for 375 sqft less living space and +$2,978 for being newer. Net adjustment: -$119,950.
Adjusted -$67,856 for 207 sqft less living space and -$2,978 for being older. Net adjustment: -$70,834.
The Neighborhood
This home is valued 1.2% 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
typicalThis home is -1.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,350 across all districts. With a homestead exemption claimed, that drops to $5,733 — saving $1,617 per year. That's $478 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% | $4,249 |
| Williamson County | County | 0.3694% | $1,494 |
| Georgetown | City | 0.3530% | $1,428 |
| Williamson County FM/Rd | County | 0.0443% | $179 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,350 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $297,406 would pay approximately $1,856 per month (principal and interest only, excluding taxes and insurance).