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308 UNIVERSITY AVE E, GEORGETOWN, TX 78626

GEORGETOWN, 78626 — williamson County

5 bed4 bath2,599 sqftBuilt 1890

Property at a Glance

This home is estimated between $1,053,788 and $1,634,242, with a best estimate of $1,303,613. 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

$1,053,788 $1,634,242
Best Estimate
$1,303,613
WCAD Value
$1,750,020
Low Confidence

Based on 5 comparable properties(2 in the same subdivision)

There are 5 comparable properties within range, but few are in G656H - Old Town Gtown Class H4 & H5. The estimated range of $1,053,788 and $1,634,242 should be treated as a rough guide.

Comparable Properties (5)

304 UNIVERSITY AVE E, GEORGETOWN, TX 78626
0.02 mi 89% similar Same subdivision
3 bed 2 bath 1,964 sqft Built 1900
Raw Value $1,044,004
Adjusted Value $1,303,613

Adjusted +$356,641 for 635 sqft more living space and +$40,149 for being newer and -$137,181 for no pool. Net adjustment: +$259,609.

1304 ELM ST, GEORGETOWN, TX 78626
0.05 mi 85% similar Same subdivision
3 bed 2 bath 1,970 sqft Built 1895
Raw Value $1,398,077
Adjusted Value $1,634,242

Adjusted +$353,271 for 629 sqft more living space and +$20,075 for being newer and -$137,181 for no pool. Net adjustment: +$236,165.

3 bed 2 bath 2,840 sqft Built 2024
Raw Value $830,845
Adjusted Value $1,233,490

Adjusted -$135,355 for 241 sqft less living space and +$538,000 for being newer. Net adjustment: +$402,645.

4 bed 2,303 sqft Built 1950
Raw Value $646,648
Adjusted Value $1,053,788

Adjusted +$166,245 for 296 sqft more living space and +$240,895 for being newer. Net adjustment: +$407,140.

4 bed 2 bath 1,879 sqft Built 1940
Raw Value $800,088
Adjusted Value $1,405,214

Adjusted +$404,380 for 720 sqft more living space and +$200,746 for being newer. Net adjustment: +$605,126.

The Neighborhood

This home is valued 52.8% 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

outlier high
47 Properties
$1,145,645 Median Value
-11.4% YoY Change
23% Have Pool
26% Have Garage
This Home
$1,750,020
Median
$1,145,645

This home is +52.8% above the subdivision median.

Tax Analysis

The estimated annual property tax is $31,804 across all districts. With a homestead exemption claimed, that drops to $29,701 — saving $2,103 per year. That's $2,475 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

DistrictTypeRateAnnual Amount
Georgetown ISDSchool1.0506%$18,386
Williamson CountyCounty0.3694%$6,465
GeorgetownCity0.3530%$6,178
Williamson County FM/RdCounty0.0443%$776
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.8174%$31,804

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $1,303,613 would pay approximately $8,137 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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