305 E 8TH ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $547,854 and $1,002,391, with a best estimate of $761,040. 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
$761,040
$692,252
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in G652H - Old Town Gtown Class H1 & H2. The estimated range of $547,854 and $1,002,391 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$131,451 for 401 sqft more living space and +$2,383 for being newer and -$114,024 for no pool. Net adjustment: +$19,810.
Adjusted +$126,861 for 387 sqft more living space and +$12,509 for being newer. Net adjustment: +$139,370.
Adjusted -$120,633 for 368 sqft less living space and +$19,657 for being newer and -$93,832 for no garage. Net adjustment: -$194,808.
Adjusted +$73,101 for 223 sqft more living space and +$32,762 for being newer and -$93,832 for no garage. Net adjustment: +$12,031.
Adjusted +$39,009 for 119 sqft more living space and +$29,783 for being newer. Net adjustment: +$68,792.
The Neighborhood
This home is valued 69.0% 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
outlier highThis home is +69.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,581 across all districts. With a homestead exemption claimed, that drops to $10,860 — saving $1,721 per year. That's $905 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% | $7,273 |
| Williamson County | County | 0.3694% | $2,558 |
| Georgetown | City | 0.3530% | $2,444 |
| Williamson County FM/Rd | County | 0.0443% | $307 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $12,581 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $761,040 would pay approximately $4,750 per month (principal and interest only, excluding taxes and insurance).