904 S ELM ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $266,409 and $366,075, with a best estimate of $317,046. 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
$317,046
$272,053
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 $266,409 and $366,075. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$19,668 for 60 sqft less living space and -$7,148 for being older. Net adjustment: -$26,816.
Adjusted +$11,145 for 34 sqft more living space and +$596 for being newer. Net adjustment: +$11,741.
Adjusted +$91,786 for 280 sqft more living space and -$4,170 for being older. Net adjustment: +$87,616.
Adjusted +$76,051 for 232 sqft more living space and -$4,170 for being older and -$93,832 for no garage. Net adjustment: -$21,951.
Adjusted +$76,051 for 232 sqft more living space and -$13,105 for being older. Net adjustment: +$62,946.
The Neighborhood
This home is valued 33.6% 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
below averageThis home is -33.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,944 across all districts. With a homestead exemption claimed, that drops to $3,375 — saving $1,569 per year. That's $281 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% | $2,858 |
| Williamson County | County | 0.3694% | $1,005 |
| Georgetown | City | 0.3530% | $960 |
| Williamson County FM/Rd | County | 0.0443% | $121 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $4,944 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $317,046 would pay approximately $1,979 per month (principal and interest only, excluding taxes and insurance).