502 2ND ST E, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $450,634 and $859,419, with a best estimate of $550,372. That places the property above the G619T68H - Central Georgetown median of $459,857, in a neighborhood that declined 0.2% over the past year.
Estimated Value Range
$550,372
$493,491
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 $450,634 and $859,419. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$128,122 for 413 sqft more living space and -$5,067 for being older and +$46,056 for having a pool. Net adjustment: +$169,111.
Adjusted +$32,573 for 105 sqft more living space and +$20,267 for being newer and +$46,056 for having a pool. Net adjustment: +$98,896.
Adjusted +$64,837 for 209 sqft more living space and +$7,600 for being newer and +$46,056 for having a pool. Net adjustment: +$118,493.
Adjusted -$47,464 for 153 sqft less living space and +$20,267 for being newer and +$46,056 for having a pool. Net adjustment: +$18,859.
Adjusted +$57,391 for 185 sqft more living space and +$30,400 for being newer and +$46,056 for having a pool. Net adjustment: +$133,847.
The Neighborhood
This home is valued 7.3% above the G619T68H - Central Georgetown median of $459,857. With 817 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.2% over the past year.
G619T68H - Central Georgetown
typicalThis home is +7.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,018 across all districts. With a homestead exemption claimed, that drops to $6,388 — saving $1,630 per year. That's $532 per month a buyer should budget. The assessed value increased +28.4% vs the subdivision average of -0.2%. This above-average increase gives a protest opportunity score of 100 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $4,635 |
| Williamson County | County | 0.3694% | $1,630 |
| Georgetown | City | 0.3530% | $1,557 |
| Williamson County FM/Rd | County | 0.0443% | $196 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $8,018 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $550,372 would pay approximately $3,435 per month (principal and interest only, excluding taxes and insurance).