1602 OLIVE ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $305,323 and $573,254, with a best estimate of $466,636. 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
$466,636
$578,668
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 $305,323 and $573,254. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$73,523 for 237 sqft more living space and +$5,067 for being newer. Net adjustment: +$78,590.
Adjusted -$185,824 for 599 sqft less living space and -$20,267 for being older. Net adjustment: -$206,091.
Adjusted -$1,551 for 5 sqft less living space and -$32,933 for being older. Net adjustment: -$34,484.
Adjusted -$62,355 for 201 sqft less living space and -$45,600 for being older. Net adjustment: -$107,955.
Adjusted -$114,783 for 370 sqft less living space and -$32,933 for being older. Net adjustment: -$147,716.
The Neighborhood
This home is valued 25.8% 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
above averageThis home is +25.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,517 across all districts. With a homestead exemption claimed, that drops to $8,837 — saving $1,680 per year. That's $736 per month a buyer should budget. The assessed value increased +5.4% vs the subdivision average of -0.2%. This above-average increase gives a protest opportunity score of 43 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $6,079 |
| Williamson County | County | 0.3694% | $2,138 |
| Georgetown | City | 0.3530% | $2,043 |
| Williamson County FM/Rd | County | 0.0443% | $257 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $10,517 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $466,636 would pay approximately $2,913 per month (principal and interest only, excluding taxes and insurance).