602 8TH ST E, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $437,637 and $537,307, with a best estimate of $470,335. That places the property above 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
$470,335
$552,456
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in G652H - Old Town Gtown Class H1 & H2. The estimated range of $437,637 and $537,307 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$3,606 for 11 sqft more living space and -$17,870 for being older and +$114,024 for having a pool. Net adjustment: +$99,760.
Adjusted +$95,720 for 292 sqft more living space and -$6,552 for being older and +$114,024 for having a pool. Net adjustment: +$203,192.
Adjusted -$11,145 for 34 sqft less living space and +$22,635 for being newer and +$114,024 for having a pool. Net adjustment: +$125,514.
Adjusted -$4,261 for 13 sqft less living space and +$30,975 for being newer and +$114,024 for having a pool. Net adjustment: +$140,738.
Adjusted -$55,727 for 170 sqft less living space and +$22,635 for being newer and +$114,024 for having a pool and -$93,832 for no garage. Net adjustment: -$12,900.
The Neighborhood
This home is valued 34.9% above the G652H - Old Town Gtown Class H1 & H2 median of $409,550. With 382 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 18.5% over the past year.
G652H - Old Town Gtown Class H1 & H2
above averageThis home is +34.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,040 across all districts. With a homestead exemption claimed, that drops to $8,370 — saving $1,670 per year. That's $698 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% | $5,804 |
| Williamson County | County | 0.3694% | $2,041 |
| Georgetown | City | 0.3530% | $1,950 |
| Williamson County FM/Rd | County | 0.0443% | $245 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $10,040 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $470,335 would pay approximately $2,936 per month (principal and interest only, excluding taxes and insurance).