1603 ELM ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $133,249 and $475,282, with a best estimate of $382,951. That places the property below the G652H - Old Town Gtown Class H1 & H2 median of $409,550, in a neighborhood that declined 18.5% over the past year.
Estimated Value Range
$382,951
$372,821
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G652H - Old Town Gtown Class H1 & H2, this home's estimated market value is between $133,249 and $475,282. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$55,072 for 168 sqft less living space and +$5,957 for being newer. Net adjustment: -$49,115.
Adjusted -$56,383 for 172 sqft less living space. Net adjustment: -$56,383.
Adjusted +$67,856 for 207 sqft more living space and +$2,978 for being newer. Net adjustment: +$70,834.
Adjusted -$67,856 for 207 sqft less living space and +$5,957 for being newer. Net adjustment: -$61,899.
Adjusted -$97,031 for 296 sqft less living space and +$2,978 for being newer and -$114,024 for no pool. Net adjustment: -$208,077.
The Neighborhood
This home is valued 9.0% below the G652H - Old Town Gtown Class H1 & H2 median of $409,550. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 18.5% over the past year.
G652H - Old Town Gtown Class H1 & H2
typicalThis home is -9.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,096 across all districts. With a homestead exemption claimed, that drops to $4,504 — saving $1,592 per year. That's $375 per month a buyer should budget. The assessed value increased -9.4% vs the subdivision average of -18.5%. This above-average increase gives a protest opportunity score of 46 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $3,524 |
| Williamson County | County | 0.3694% | $1,239 |
| Georgetown | City | 0.3530% | $1,184 |
| Williamson County FM/Rd | County | 0.0443% | $149 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,096 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $382,951 would pay approximately $2,390 per month (principal and interest only, excluding taxes and insurance).