1242 AUSTIN AVE, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $779,975 and $2,799,248, with a best estimate of $1,994,277. That places the property above 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
$1,994,277
$1,802,282
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 $779,975 and $2,799,248. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$84,246 for 150 sqft more living space and -$156,582 for being older and -$137,181 for no pool. Net adjustment: -$209,517.
Adjusted +$656,556 for 1,169 sqft more living space and -$116,433 for being older. Net adjustment: +$540,123.
Adjusted +$170,177 for 303 sqft more living space and -$12,045 for being older and -$137,181 for no pool. Net adjustment: +$20,951.
Adjusted -$74,136 for 132 sqft less living space and +$108,403 for being newer. Net adjustment: +$34,267.
Adjusted +$974,444 for 1,735 sqft more living space and +$28,104 for being newer. Net adjustment: +$1,002,548.
The Neighborhood
This home is valued 57.3% 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
outlier highThis home is +57.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $32,754 across all districts. With a homestead exemption claimed, that drops to $30,632 — saving $2,122 per year. That's $2,553 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% | $18,935 |
| Williamson County | County | 0.3694% | $6,658 |
| Georgetown | City | 0.3530% | $6,362 |
| Williamson County FM/Rd | County | 0.0443% | $799 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $32,754 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,994,277 would pay approximately $12,448 per month (principal and interest only, excluding taxes and insurance).