412 OTTO AVE, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $281,302 and $465,128, with a best estimate of $405,990. That places the property above the G570318C - FAIRHAVEN median of $361,924, in a neighborhood that declined 5.7% over the past year.
Estimated Value Range
$405,990
$296,160
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G570318C - FAIRHAVEN, this home's estimated market value is between $281,302 and $465,128. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$44,066 for 213 sqft more living space. Net adjustment: +$44,066.
Adjusted +$44,066 for 213 sqft more living space. Net adjustment: +$44,066.
Adjusted -$59,996 for 290 sqft less living space. Net adjustment: -$59,996.
Adjusted +$86,476 for 418 sqft more living space. Net adjustment: +$86,476.
This comparable closely matches the subject property's features.
The Neighborhood
This home is valued 18.2% below the G570318C - FAIRHAVEN median of $361,924. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 5.7% over the past year.
G570318C - FAIRHAVEN
below averageThis home is -18.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,764 across all districts. With a homestead exemption claimed, that drops to $5,186 — saving $1,578 per year. That's $432 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% | $3,111 |
| SE Williamson County MUD #1 | MUD | 0.4665% | $1,382 |
| Williamson County | County | 0.3694% | $1,094 |
| Georgetown | City | 0.3530% | $1,045 |
| Williamson County FM/Rd | County | 0.0443% | $131 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.2839% | $6,764 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $405,990 would pay approximately $2,534 per month (principal and interest only, excluding taxes and insurance).