406 ELM ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $309,057 and $713,664, with a best estimate of $381,346. That places the property below the G653H - Old Town Gtown Class H3 median of $809,018, in a neighborhood that appreciated 1.2% over the past year.
Estimated Value Range
$381,346
$693,173
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in G653H - Old Town Gtown Class H3. The estimated range of $309,057 and $713,664 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$158,045 for 356 sqft more living space. Net adjustment: +$158,045.
Adjusted -$120,753 for 272 sqft less living space and -$8,626 for being older. Net adjustment: -$129,379.
Adjusted -$536,287 for 1,208 sqft less living space and +$13,802 for being newer. Net adjustment: -$522,485.
Adjusted +$76,774 for being newer. Net adjustment: +$76,774.
Adjusted -$127,856 for 288 sqft less living space and +$79,362 for being newer. Net adjustment: -$48,494.
The Neighborhood
This home is valued 14.3% below the G653H - Old Town Gtown Class H3 median of $809,018. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 1.2% over the past year.
G653H - Old Town Gtown Class H3
typicalThis home is -14.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,598 across all districts. With a homestead exemption claimed, that drops to $10,876 — saving $1,722 per year. That's $906 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% | $7,282 |
| Williamson County | County | 0.3694% | $2,561 |
| Georgetown | City | 0.3530% | $2,447 |
| Williamson County FM/Rd | County | 0.0443% | $307 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $12,598 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $381,346 would pay approximately $2,380 per month (principal and interest only, excluding taxes and insurance).