1407 S MYRTLE ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $245,632 and $299,490, with a best estimate of $281,804. 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
$281,804
$318,919
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 $245,632 and $299,490. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$2,622 for 8 sqft less living space and +$9,531 for being newer. Net adjustment: +$6,909.
Adjusted -$25,241 for 77 sqft less living space and +$8,935 for being newer. Net adjustment: -$16,306.
Adjusted -$30,814 for 94 sqft less living space and +$8,935 for being newer. Net adjustment: -$21,879.
Adjusted -$127,189 for 388 sqft less living space. Net adjustment: -$127,189.
Adjusted -$183,572 for 560 sqft less living space. Net adjustment: -$183,572.
The Neighborhood
This home is valued 22.1% 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
below averageThis home is -22.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,796 across all districts. With a homestead exemption claimed, that drops to $4,210 — saving $1,586 per year. That's $351 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% | $3,351 |
| Williamson County | County | 0.3694% | $1,178 |
| Georgetown | City | 0.3530% | $1,126 |
| Williamson County FM/Rd | County | 0.0443% | $141 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,796 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $281,804 would pay approximately $1,759 per month (principal and interest only, excluding taxes and insurance).