312 OTTO AVE, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $210,742 and $380,030, with a best estimate of $320,891. That places the property below the G570318C - FAIRHAVEN median of $361,924, in a neighborhood that declined 5.7% over the past year.
Estimated Value Range
$320,891
$384,580
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 $210,742 and $380,030. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$42,204 for 204 sqft less living space and +$1,171 for being newer. Net adjustment: -$41,033.
Adjusted -$87,304 for 422 sqft less living space and +$1,171 for being newer. Net adjustment: -$86,133.
Adjusted -$86,270 for 417 sqft less living space and +$1,171 for being newer. Net adjustment: -$85,099.
Adjusted +$207 for 1 sqft more living space and +$1,171 for being newer. Net adjustment: +$1,378.
Adjusted -$42,204 for 204 sqft less living space and +$1,171 for being newer. Net adjustment: -$41,033.
The Neighborhood
This home is valued 6.3% above the G570318C - FAIRHAVEN median of $361,924. With 731 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.7% over the past year.
G570318C - FAIRHAVEN
typicalThis home is +6.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,783 across all districts. With a homestead exemption claimed, that drops to $7,174 — saving $1,609 per year. That's $598 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% | $4,040 |
| SE Williamson County MUD #1 | MUD | 0.4665% | $1,794 |
| Williamson County | County | 0.3694% | $1,421 |
| Georgetown | City | 0.3530% | $1,358 |
| Williamson County FM/Rd | County | 0.0443% | $170 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.2839% | $8,783 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $320,891 would pay approximately $2,003 per month (principal and interest only, excluding taxes and insurance).