305 E SPRING ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $364,386 and $447,076, with a best estimate of $419,528. That places the property above the G320M35I - North Georgetown Addition & Resubs median of $362,968, in a neighborhood that declined 9.0% over the past year.
Estimated Value Range
$419,528
$371,420
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G320M35I - North Georgetown Addition & Resubs, this home's estimated market value is between $364,386 and $447,076. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
This comparable closely matches the subject property's features.
Adjusted +$6,055 for 20 sqft more living space and +$1,882 for being newer and -$41,573 for no garage. Net adjustment: -$33,636.
Adjusted +$60,244 for 199 sqft more living space and -$6,024 for being older. Net adjustment: +$54,220.
Adjusted +$109,892 for 363 sqft more living space and +$6,400 for being newer and -$41,573 for no garage. Net adjustment: +$74,719.
Adjusted -$149,247 for 493 sqft less living space and -$2,259 for being older and -$41,573 for no garage. Net adjustment: -$193,079.
The Neighborhood
This home is valued 2.3% above the G320M35I - North Georgetown Addition & Resubs median of $362,968. With 32 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 9.0% over the past year.
G320M35I - North Georgetown Addition & Resubs
typicalThis home is +2.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,750 across all districts. With a homestead exemption claimed, that drops to $5,145 — saving $1,605 per year. That's $429 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% | $3,902 |
| Williamson County | County | 0.3694% | $1,372 |
| Georgetown | City | 0.3530% | $1,311 |
| Williamson County FM/Rd | County | 0.0443% | $165 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,750 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $419,528 would pay approximately $2,619 per month (principal and interest only, excluding taxes and insurance).