407 E UNIVERSITY AVE, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $331,605 and $481,568, with a best estimate of $395,346. That places the property below 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
$395,346
$369,821
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $331,605 and $481,568. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$12,784 for 39 sqft more living space and +$12,509 for being newer. Net adjustment: +$25,293.
Adjusted +$23,930 for 73 sqft more living space and +$17,870 for being newer. Net adjustment: +$41,800.
Adjusted +$67,856 for 207 sqft more living space and +$20,848 for being newer. Net adjustment: +$88,704.
Adjusted +$71,790 for 219 sqft more living space and +$20,848 for being newer. Net adjustment: +$92,638.
Adjusted -$13,440 for 41 sqft less living space and +$27,996 for being newer. Net adjustment: +$14,556.
The Neighborhood
This home is valued 9.7% below the G652H - Old Town Gtown Class H1 & H2 median of $409,550. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 18.5% over the past year.
G652H - Old Town Gtown Class H1 & H2
typicalThis home is -9.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,721 across all districts. With a homestead exemption claimed, that drops to $5,117 — saving $1,604 per year. That's $426 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% | $3,885 |
| Williamson County | County | 0.3694% | $1,366 |
| Georgetown | City | 0.3530% | $1,305 |
| Williamson County FM/Rd | County | 0.0443% | $164 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,721 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $395,346 would pay approximately $2,468 per month (principal and interest only, excluding taxes and insurance).