1600 S ELM ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $556,085 and $1,024,972, with a best estimate of $688,172. 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
$688,172
$641,029
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $556,085 and $1,024,972. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$3,934 for 12 sqft less living space and +$2,978 for being newer and +$93,832 for having a garage. Net adjustment: +$92,876.
Adjusted -$27,536 for 84 sqft less living space and -$5,957 for being older and +$93,832 for having a garage. Net adjustment: +$60,339.
Adjusted -$17,046 for 52 sqft less living space and +$8,935 for being newer. Net adjustment: -$8,111.
Adjusted +$131,778 for 402 sqft more living space and -$2,978 for being older. Net adjustment: +$128,800.
Adjusted +$160,625 for 490 sqft more living space and -$2,978 for being older. Net adjustment: +$157,647.
The Neighborhood
This home is valued 56.5% 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
outlier highThis home is +56.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,650 across all districts. With a homestead exemption claimed, that drops to $9,948 — saving $1,702 per year. That's $829 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% | $6,735 |
| Williamson County | County | 0.3694% | $2,368 |
| Georgetown | City | 0.3530% | $2,263 |
| Williamson County FM/Rd | County | 0.0443% | $284 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $11,650 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $688,172 would pay approximately $4,296 per month (principal and interest only, excluding taxes and insurance).