1611 S ELM ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $248,253 and $524,398, with a best estimate of $417,356. 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
$417,356
$432,066
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $248,253 and $524,398. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$62,939 for 192 sqft less living space. Net adjustment: -$62,939.
Adjusted +$55,072 for 168 sqft more living space and -$5,957 for being older. Net adjustment: +$49,115.
Adjusted -$12,784 for 39 sqft less living space. Net adjustment: -$12,784.
Adjusted +$122,928 for 375 sqft more living space and -$2,978 for being older. Net adjustment: +$119,950.
Adjusted -$1,639 for 5 sqft less living space and +$5,957 for being newer and -$93,832 for no garage. Net adjustment: -$89,514.
The Neighborhood
This home is valued 5.5% 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 +5.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,574 across all districts. With a homestead exemption claimed, that drops to $5,952 — saving $1,622 per year. That's $496 per month a buyer should budget. The assessed value increased -0.7% vs the subdivision average of -18.5%. This above-average increase gives a protest opportunity score of 50 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $4,378 |
| Williamson County | County | 0.3694% | $1,540 |
| Georgetown | City | 0.3530% | $1,471 |
| Williamson County FM/Rd | County | 0.0443% | $185 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,574 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $417,356 would pay approximately $2,605 per month (principal and interest only, excluding taxes and insurance).