1217 TIMBER ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $241,020 and $356,096, with a best estimate of $283,958. 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
$283,958
$333,366
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 $241,020 and $356,096. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$20,980 for 64 sqft less living space and -$8,935 for being older. Net adjustment: -$29,915.
Adjusted -$49,171 for 150 sqft less living space. Net adjustment: -$49,171.
Adjusted -$36,387 for 111 sqft less living space and -$2,978 for being older. Net adjustment: -$39,365.
Adjusted -$100,965 for 308 sqft less living space and -$8,935 for being older. Net adjustment: -$109,900.
Adjusted +$21,635 for 66 sqft more living space and +$14,892 for being newer. Net adjustment: +$36,527.
The Neighborhood
This home is valued 18.6% 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 -18.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,059 across all districts. With a homestead exemption claimed, that drops to $4,467 — saving $1,592 per year. That's $372 per month a buyer should budget. The assessed value increased -5.9% vs the subdivision average of -18.5%. This above-average increase gives a protest opportunity score of 50 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $3,502 |
| Williamson County | County | 0.3694% | $1,232 |
| Georgetown | City | 0.3530% | $1,177 |
| Williamson County FM/Rd | County | 0.0443% | $148 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,059 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $283,958 would pay approximately $1,772 per month (principal and interest only, excluding taxes and insurance).