1506 LAUREL ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $523,636 and $1,121,269, with a best estimate of $569,482. 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
$569,482
$712,694
Based on 5 comparable properties(2 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 $523,636 and $1,121,269 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$9,767 for 22 sqft more living space and -$29,329 for being older. Net adjustment: -$19,562.
Adjusted +$35,960 for 81 sqft more living space and +$2,588 for being newer. Net adjustment: +$38,548.
Adjusted +$32,408 for 73 sqft more living space and +$16,390 for being newer. Net adjustment: +$48,798.
Adjusted -$282,794 for 637 sqft less living space and -$9,489 for being older. Net adjustment: -$292,283.
Adjusted -$144,282 for 325 sqft less living space and +$7,764 for being newer. Net adjustment: -$136,518.
The Neighborhood
This home is valued 11.9% 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 -11.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,864 across all districts. With a homestead exemption claimed, that drops to $11,138 — saving $1,726 per year. That's $928 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% | $7,437 |
| Williamson County | County | 0.3694% | $2,615 |
| Georgetown | City | 0.3530% | $2,499 |
| Williamson County FM/Rd | County | 0.0443% | $314 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $12,864 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $569,482 would pay approximately $3,555 per month (principal and interest only, excluding taxes and insurance).