604 MLK ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $408,180 and $509,754, with a best estimate of $489,117. That places the property above the G601475I - South San Gabriel Urban Renewal median of $359,246, in a neighborhood that declined 11.5% over the past year.
Estimated Value Range
$489,117
$403,190
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $408,180 and $509,754. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$128,293 for 408 sqft more living space. Net adjustment: +$128,293.
Adjusted +$108,798 for 346 sqft more living space and -$18,642 for being older and +$25,048 for having a garage. Net adjustment: +$115,204.
Adjusted +$22,640 for 72 sqft more living space and +$6,658 for being newer and +$25,048 for having a garage. Net adjustment: +$54,346.
Adjusted +$233,946 for 744 sqft more living space and +$3,329 for being newer and +$25,048 for having a garage. Net adjustment: +$262,323.
Adjusted +$150,933 for 480 sqft more living space and +$3,329 for being newer. Net adjustment: +$154,262.
The Neighborhood
This home is valued 12.2% above the G601475I - South San Gabriel Urban Renewal median of $359,246. With 176 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 11.5% over the past year.
G601475I - South San Gabriel Urban Renewal
typicalThis home is +12.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,327 across all districts. With a homestead exemption claimed, that drops to $5,711 — saving $1,616 per year. That's $476 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% | $4,236 |
| Williamson County | County | 0.3694% | $1,490 |
| Georgetown | City | 0.3530% | $1,423 |
| Williamson County FM/Rd | County | 0.0443% | $179 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,327 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $489,117 would pay approximately $3,053 per month (principal and interest only, excluding taxes and insurance).