515 W 11TH ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $249,361 and $338,884, with a best estimate of $283,675. 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
$283,675
$352,649
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 $249,361 and $338,884. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$13,112 for 40 sqft less living space. Net adjustment: -$13,112.
Adjusted -$28,191 for 86 sqft less living space. Net adjustment: -$28,191.
Adjusted -$81,296 for 248 sqft less living space and -$7,148 for being older. Net adjustment: -$88,444.
Adjusted +$49,827 for 152 sqft more living space and -$7,148 for being older. Net adjustment: +$42,679.
Adjusted -$76,051 for 232 sqft less living space and -$7,148 for being older. Net adjustment: -$83,199.
The Neighborhood
This home is valued 13.9% 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 -13.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,409 across all districts. With a homestead exemption claimed, that drops to $4,811 — saving $1,598 per year. That's $401 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% | $3,705 |
| Williamson County | County | 0.3694% | $1,303 |
| Georgetown | City | 0.3530% | $1,245 |
| Williamson County FM/Rd | County | 0.0443% | $156 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,409 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $283,675 would pay approximately $1,771 per month (principal and interest only, excluding taxes and insurance).