605 8TH ST E, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $265,033 and $441,043, with a best estimate of $391,633. 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
$391,633
$537,066
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 $265,033 and $441,043. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$50,482 for 154 sqft less living space and +$2,978 for being newer. Net adjustment: -$47,504.
Adjusted +$60,317 for 184 sqft more living space and +$2,978 for being newer and -$93,832 for no garage. Net adjustment: -$30,537.
Adjusted -$15,735 for 48 sqft less living space and -$5,361 for being older. Net adjustment: -$21,096.
Adjusted +$22,946 for 70 sqft more living space and +$2,978 for being newer. Net adjustment: +$25,924.
Adjusted -$77,362 for 236 sqft less living space and -$3,574 for being older. Net adjustment: -$80,936.
The Neighborhood
This home is valued 31.1% 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 +31.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,761 across all districts. With a homestead exemption claimed, that drops to $8,096 — saving $1,665 per year. That's $675 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% | $5,642 |
| Williamson County | County | 0.3694% | $1,984 |
| Georgetown | City | 0.3530% | $1,896 |
| Williamson County FM/Rd | County | 0.0443% | $238 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $9,761 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $391,633 would pay approximately $2,445 per month (principal and interest only, excluding taxes and insurance).