517 OTTO AVE, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $317,967 and $410,466, with a best estimate of $398,841. That places the property above the G570318C - FAIRHAVEN median of $361,924, in a neighborhood that declined 5.7% over the past year.
Estimated Value Range
$398,841
$388,426
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 $317,967 and $410,466. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$45,721 for 221 sqft more living space. Net adjustment: +$45,721.
Adjusted +$45,721 for 221 sqft more living space. Net adjustment: +$45,721.
Adjusted -$24,619 for 119 sqft less living space and -$1,171 for being older and +$60,193 for having a garage. Net adjustment: +$34,403.
Adjusted +$21,102 for 102 sqft more living space. Net adjustment: +$21,102.
Adjusted +$21,102 for 102 sqft more living space. Net adjustment: +$21,102.
The Neighborhood
This home is valued 7.3% 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 +7.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,871 across all districts. With a homestead exemption claimed, that drops to $7,260 — saving $1,611 per year. That's $605 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% | $4,081 |
| SE Williamson County MUD #1 | MUD | 0.4665% | $1,812 |
| Williamson County | County | 0.3694% | $1,435 |
| Georgetown | City | 0.3530% | $1,371 |
| Williamson County FM/Rd | County | 0.0443% | $172 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.2839% | $8,871 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $398,841 would pay approximately $2,490 per month (principal and interest only, excluding taxes and insurance).