1408 ELM ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $240,382 and $618,654, with a best estimate of $457,793. 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
$457,793
$453,519
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 $240,382 and $618,654. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$308,052 for 993 sqft less living space and -$20,267 for being older. Net adjustment: -$328,319.
Adjusted +$137,119 for 442 sqft more living space and -$30,400 for being older. Net adjustment: +$106,719.
Adjusted +$61,114 for 197 sqft more living space. Net adjustment: +$61,114.
Adjusted -$29,471 for 95 sqft less living space and +$12,667 for being newer. Net adjustment: -$16,804.
Adjusted +$31,333 for 101 sqft more living space and -$38,000 for being older. Net adjustment: -$6,667.
The Neighborhood
This home is valued 1.4% 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
typicalThis home is -1.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,242 across all districts. With a homestead exemption claimed, that drops to $6,607 — saving $1,635 per year. That's $551 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% | $4,765 |
| Williamson County | County | 0.3694% | $1,676 |
| Georgetown | City | 0.3530% | $1,601 |
| Williamson County FM/Rd | County | 0.0443% | $201 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $8,242 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $457,793 would pay approximately $2,858 per month (principal and interest only, excluding taxes and insurance).