1305 ELM ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $265,751 and $510,519, with a best estimate of $424,297. That places the property above 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
$424,297
$456,360
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 $265,751 and $510,519. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$32,125 for 98 sqft more living space and -$2,978 for being older. Net adjustment: +$29,147.
Adjusted +$124,567 for 380 sqft more living space and -$2,978 for being older. Net adjustment: +$121,589.
Adjusted +$120,633 for 368 sqft more living space and -$2,978 for being older. Net adjustment: +$117,655.
Adjusted -$158,659 for 484 sqft less living space and -$8,935 for being older. Net adjustment: -$167,594.
Adjusted +$76,707 for 234 sqft more living space and -$5,957 for being older. Net adjustment: +$70,750.
The Neighborhood
This home is valued 11.4% above the G652H - Old Town Gtown Class H1 & H2 median of $409,550. With 382 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 18.5% over the past year.
G652H - Old Town Gtown Class H1 & H2
typicalThis home is +11.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,294 across all districts. With a homestead exemption claimed, that drops to $6,658 — saving $1,636 per year. That's $555 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% | $4,795 |
| Williamson County | County | 0.3694% | $1,686 |
| Georgetown | City | 0.3530% | $1,611 |
| Williamson County FM/Rd | County | 0.0443% | $202 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $8,294 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $424,297 would pay approximately $2,648 per month (principal and interest only, excluding taxes and insurance).