512 MYRTLE ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $216,535 and $412,736, with a best estimate of $275,610. 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
$275,610
$321,855
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G652H - Old Town Gtown Class H1 & H2, this home's estimated market value is between $216,535 and $412,736. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$2,622 for 8 sqft more living space. Net adjustment: +$2,622.
Adjusted -$103,587 for 316 sqft less living space and -$114,024 for no pool. Net adjustment: -$217,611.
Adjusted +$1,311 for 4 sqft more living space and +$5,957 for being newer. Net adjustment: +$7,268.
Adjusted +$8,523 for 26 sqft more living space and +$2,978 for being newer. Net adjustment: +$11,501.
Adjusted -$78,674 for 240 sqft less living space and +$11,913 for being newer. Net adjustment: -$66,761.
The Neighborhood
This home is valued 21.4% 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 -21.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,849 across all districts. With a homestead exemption claimed, that drops to $4,262 — saving $1,587 per year. That's $355 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% | $3,381 |
| Williamson County | County | 0.3694% | $1,189 |
| Georgetown | City | 0.3530% | $1,136 |
| Williamson County FM/Rd | County | 0.0443% | $143 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,849 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $275,610 would pay approximately $1,720 per month (principal and interest only, excluding taxes and insurance).