503 WALNUT ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $270,043 and $650,376, with a best estimate of $453,916. 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
$453,916
$561,262
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 $270,043 and $650,376. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$102,931 for 314 sqft less living space and +$2,978 for being newer. Net adjustment: -$99,953.
Adjusted +$11,801 for 36 sqft more living space and +$2,978 for being newer. Net adjustment: +$14,779.
Adjusted -$78,674 for 240 sqft less living space and -$8,935 for being older. Net adjustment: -$87,609.
Adjusted +$122,600 for 374 sqft more living space and +$2,978 for being newer and -$93,832 for no garage. Net adjustment: +$31,746.
Adjusted +$239,299 for 730 sqft more living space and -$2,978 for being older. Net adjustment: +$236,321.
The Neighborhood
This home is valued 37.0% 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
above averageThis home is +37.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,200 across all districts. With a homestead exemption claimed, that drops to $8,527 — saving $1,673 per year. That's $711 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% | $5,897 |
| Williamson County | County | 0.3694% | $2,074 |
| Georgetown | City | 0.3530% | $1,981 |
| Williamson County FM/Rd | County | 0.0443% | $249 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $10,200 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $453,916 would pay approximately $2,833 per month (principal and interest only, excluding taxes and insurance).