1507 LAUREL ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $482,342 and $648,885, with a best estimate of $518,406. That places the property above the G619T68H - Central Georgetown median of $459,857, in a neighborhood that declined 0.2% over the past year.
Estimated Value Range
$518,406
$485,720
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 $482,342 and $648,885. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$99,272 for 320 sqft less living space. Net adjustment: -$99,272.
Adjusted +$108,578 for 350 sqft more living space and -$12,667 for being older. Net adjustment: +$95,911.
Adjusted -$99,892 for 322 sqft less living space. Net adjustment: -$99,892.
Adjusted +$85,001 for 274 sqft more living space and +$12,667 for being newer. Net adjustment: +$97,668.
Adjusted +$233,909 for 754 sqft more living space and +$12,667 for being newer. Net adjustment: +$246,576.
The Neighborhood
This home is valued 5.6% above the G619T68H - Central Georgetown median of $459,857. With 817 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.2% over the past year.
G619T68H - Central Georgetown
typicalThis home is +5.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,827 across all districts. With a homestead exemption claimed, that drops to $7,181 — saving $1,646 per year. That's $598 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% | $5,103 |
| Williamson County | County | 0.3694% | $1,794 |
| Georgetown | City | 0.3530% | $1,715 |
| Williamson County FM/Rd | County | 0.0443% | $215 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $8,827 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $518,406 would pay approximately $3,236 per month (principal and interest only, excluding taxes and insurance).