1506 FOREST ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $147,246 and $336,197, with a best estimate of $322,407. That places the property below the G619T68H - Central Georgetown median of $459,857, in a neighborhood that declined 0.2% over the past year.
Estimated Value Range
$322,407
$301,845
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 $147,246 and $336,197. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$34,125 for 110 sqft less living space and +$35,467 for being newer. Net adjustment: +$1,342.
Adjusted -$41,570 for 134 sqft less living space and -$48,133 for being older and -$46,056 for no pool. Net adjustment: -$135,759.
Adjusted -$41,570 for 134 sqft less living space and -$2,533 for being older. Net adjustment: -$44,103.
Adjusted +$25,438 for 82 sqft more living space and -$43,067 for being older. Net adjustment: -$17,629.
Adjusted +$47,774 for 154 sqft more living space and +$35,467 for being newer. Net adjustment: +$83,241.
The Neighborhood
This home is valued 34.4% below the G619T68H - Central Georgetown median of $459,857. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.2% over the past year.
G619T68H - Central Georgetown
below averageThis home is -34.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,973 across all districts. With a homestead exemption claimed, that drops to $2,423 — saving $1,550 per year. That's $202 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% | $2,296 |
| Williamson County | County | 0.3694% | $808 |
| Georgetown | City | 0.3530% | $772 |
| Williamson County FM/Rd | County | 0.0443% | $97 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $3,973 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $322,407 would pay approximately $2,012 per month (principal and interest only, excluding taxes and insurance).