1408 OLIVE ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $247,070 and $835,418, with a best estimate of $543,882. That places the property below the G656H - Old Town Gtown Class H4 & H5 median of $1,145,645, in a neighborhood that declined 11.4% over the past year.
Estimated Value Range
$543,882
$1,257,128
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in G656H - Old Town Gtown Class H4 & H5. The estimated range of $247,070 and $835,418 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$96,040 for 171 sqft less living space and +$20,075 for being newer and -$137,181 for no pool. Net adjustment: -$213,146.
Adjusted -$297,107 for 529 sqft less living space. Net adjustment: -$297,107.
Adjusted +$2,808 for 5 sqft more living space and +$60,224 for being newer. Net adjustment: +$63,032.
Adjusted -$320,696 for 571 sqft less living space and +$76,284 for being newer and -$137,181 for no pool. Net adjustment: -$381,593.
Adjusted +$14,041 for 25 sqft more living space and -$40,149 for being older. Net adjustment: -$26,108.
The Neighborhood
This home is valued 9.7% above the G656H - Old Town Gtown Class H4 & H5 median of $1,145,645. With 47 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 11.4% over the past year.
G656H - Old Town Gtown Class H4 & H5
typicalThis home is +9.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $22,847 across all districts. With a homestead exemption claimed, that drops to $20,922 — saving $1,925 per year. That's $1,744 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% | $13,207 |
| Williamson County | County | 0.3694% | $4,644 |
| Georgetown | City | 0.3530% | $4,438 |
| Williamson County FM/Rd | County | 0.0443% | $557 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $22,847 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $543,882 would pay approximately $3,395 per month (principal and interest only, excluding taxes and insurance).