1304 ELM ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $1,067,449 and $1,513,855, with a best estimate of $1,208,250. That places the property above the G656H - Old Town Gtown Class H4 & H5 median of $1,145,645, in a neighborhood that declined 11.4% over the past year.
Estimated Value Range
$1,208,250
$1,398,077
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 $1,067,449 and $1,513,855. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$3,370 for 6 sqft more living space and +$20,075 for being newer. Net adjustment: +$23,445.
Adjusted +$2,808 for 5 sqft more living space. Net adjustment: +$2,808.
Adjusted +$29,767 for 53 sqft more living space and +$137,181 for having a pool. Net adjustment: +$166,948.
Adjusted -$353,271 for 629 sqft less living space and -$20,075 for being older and +$137,181 for having a pool. Net adjustment: -$236,165.
Adjusted +$155,012 for 276 sqft more living space and +$100,373 for being newer and +$137,181 for having a pool. Net adjustment: +$392,566.
The Neighborhood
This home is valued 22.0% above the G656H - Old Town Gtown Class H4 & H5 median of $1,145,645. With 47 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 11.4% over the past year.
G656H - Old Town Gtown Class H4 & H5
above averageThis home is +22.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $25,408 across all districts. With a homestead exemption claimed, that drops to $23,432 — saving $1,976 per year. That's $1,953 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% | $14,688 |
| Williamson County | County | 0.3694% | $5,165 |
| Georgetown | City | 0.3530% | $4,935 |
| Williamson County FM/Rd | County | 0.0443% | $620 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $25,408 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,208,250 would pay approximately $7,542 per month (principal and interest only, excluding taxes and insurance).