1615 ELM ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $268,119 and $358,013, with a best estimate of $355,846. That places the property below the G619T68H - Central Georgetown median of $459,857, in a neighborhood that declined 0.2% over the past year.
Estimated Value Range
$355,846
$319,609
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 $268,119 and $358,013. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$8,066 for 26 sqft more living space and +$50,666 for being newer. Net adjustment: +$58,732.
Adjusted -$107,648 for 347 sqft less living space and +$38,000 for being newer. Net adjustment: -$69,648.
Adjusted -$171,864 for 554 sqft less living space and +$38,000 for being newer. Net adjustment: -$133,864.
Adjusted -$136,809 for 441 sqft less living space and +$38,000 for being newer. Net adjustment: -$98,809.
Adjusted -$148,287 for 478 sqft less living space and -$17,733 for being older. Net adjustment: -$166,020.
The Neighborhood
This home is valued 30.5% below the G619T68H - Central Georgetown median of $459,857. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.2% over the past year.
G619T68H - Central Georgetown
below averageThis home is -30.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,808 across all districts. With a homestead exemption claimed, that drops to $4,222 — saving $1,586 per year. That's $352 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% | $3,358 |
| Williamson County | County | 0.3694% | $1,181 |
| Georgetown | City | 0.3530% | $1,128 |
| Williamson County FM/Rd | County | 0.0443% | $142 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,808 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $355,846 would pay approximately $2,221 per month (principal and interest only, excluding taxes and insurance).