1312 S ELM ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $900,501 and $1,346,907, with a best estimate of $1,041,303. That places the property below the G656H - Old Town Gtown Class H4 & H5 median of $1,145,645, in a neighborhood that declined 11.4% over the past year.
Estimated Value Range
$1,041,303
$1,314,021
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 $900,501 and $1,346,907. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$29,767 for 53 sqft less living space and -$137,181 for no pool. Net adjustment: -$166,948.
Adjusted -$383,038 for 682 sqft less living space and -$20,075 for being older. Net adjustment: -$403,113.
Adjusted -$26,959 for 48 sqft less living space and -$137,181 for no pool. Net adjustment: -$164,140.
Adjusted -$26,397 for 47 sqft less living space and +$20,075 for being newer and -$137,181 for no pool. Net adjustment: -$143,503.
Adjusted +$125,246 for 223 sqft more living space and +$100,373 for being newer. Net adjustment: +$225,619.
The Neighborhood
This home is valued 14.7% above the G656H - Old Town Gtown Class H4 & H5 median of $1,145,645. With 47 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 11.4% over the past year.
G656H - Old Town Gtown Class H4 & H5
typicalThis home is +14.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $23,881 across all districts. With a homestead exemption claimed, that drops to $21,935 — saving $1,946 per year. That's $1,828 per month a buyer should budget. The assessed value increased +10.5% vs the subdivision average of -11.4%. This above-average increase gives a protest opportunity score of 85 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $13,805 |
| Williamson County | County | 0.3694% | $4,855 |
| Georgetown | City | 0.3530% | $4,638 |
| Williamson County FM/Rd | County | 0.0443% | $582 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $23,881 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,041,303 would pay approximately $6,500 per month (principal and interest only, excluding taxes and insurance).