502 E 5TH ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $396,040 and $558,336, with a best estimate of $423,342. That places the property below the G619T68H - Central Georgetown median of $459,857, in a neighborhood that declined 0.2% over the past year.
Estimated Value Range
$423,342
$372,174
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G619T68H - Central Georgetown, this home's estimated market value is between $396,040 and $558,336. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$26,059 for 84 sqft less living space and -$48,133 for being older. Net adjustment: -$74,192.
Adjusted -$135,258 for 436 sqft less living space and -$30,400 for being older. Net adjustment: -$165,658.
Adjusted -$90,275 for 291 sqft less living space and -$38,000 for being older. Net adjustment: -$128,275.
Adjusted +$84,071 for 271 sqft more living space and +$5,067 for being newer. Net adjustment: +$89,138.
Adjusted +$17,373 for 56 sqft more living space and +$70,933 for being newer. Net adjustment: +$88,306.
The Neighborhood
This home is valued 19.1% below the G619T68H - Central Georgetown median of $459,857. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.2% over the past year.
G619T68H - Central Georgetown
below averageThis home is -19.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,764 across all districts. With a homestead exemption claimed, that drops to $5,159 — saving $1,605 per year. That's $430 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% | $3,910 |
| Williamson County | County | 0.3694% | $1,375 |
| Georgetown | City | 0.3530% | $1,314 |
| Williamson County FM/Rd | County | 0.0443% | $165 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,764 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $423,342 would pay approximately $2,642 per month (principal and interest only, excluding taxes and insurance).