1502 OLIVE ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $363,527 and $638,356, with a best estimate of $491,411. That places the property below the G653H - Old Town Gtown Class H3 median of $809,018, in a neighborhood that appreciated 1.2% over the past year.
Estimated Value Range
$491,411
$706,916
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in G653H - Old Town Gtown Class H3. The estimated range of $363,527 and $638,356 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$175,803 for 396 sqft more living space and -$3,451 for being older. Net adjustment: +$172,352.
Adjusted +$15,094 for 34 sqft more living space and +$8,626 for being newer. Net adjustment: +$23,720.
Adjusted +$45,282 for 102 sqft more living space. Net adjustment: +$45,282.
Adjusted -$123,417 for 278 sqft less living space and -$4,313 for being older. Net adjustment: -$127,730.
Adjusted +$17,314 for 39 sqft more living space and -$2,588 for being older. Net adjustment: +$14,726.
The Neighborhood
This home is valued 12.6% below the G653H - Old Town Gtown Class H3 median of $809,018. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 1.2% over the past year.
G653H - Old Town Gtown Class H3
typicalThis home is -12.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,847 across all districts. With a homestead exemption claimed, that drops to $11,121 — saving $1,726 per year. That's $927 per month a buyer should budget. The assessed value increased +6.0% vs the subdivision average of +1.2%. This above-average increase gives a protest opportunity score of 39 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $7,427 |
| Williamson County | County | 0.3694% | $2,612 |
| Georgetown | City | 0.3530% | $2,495 |
| Williamson County FM/Rd | County | 0.0443% | $313 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $12,847 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $491,411 would pay approximately $3,067 per month (principal and interest only, excluding taxes and insurance).