1502 ELM ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $432,262 and $739,034, with a best estimate of $664,559. That places the property above 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
$664,559
$530,525
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 $432,262 and $739,034. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$32,125 for 98 sqft more living space and +$93,832 for having a garage. Net adjustment: +$125,957.
Adjusted +$118,666 for 362 sqft more living space and +$93,832 for having a garage. Net adjustment: +$212,498.
Adjusted +$57,038 for 174 sqft more living space and +$5,957 for being newer and +$93,832 for having a garage. Net adjustment: +$156,827.
Adjusted -$28,847 for 88 sqft less living space. Net adjustment: -$28,847.
Adjusted +$20,324 for 62 sqft more living space and +$2,978 for being newer and +$93,832 for having a garage. Net adjustment: +$117,134.
The Neighborhood
This home is valued 29.5% 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 +29.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,642 across all districts. With a homestead exemption claimed, that drops to $7,979 — saving $1,663 per year. That's $665 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% | $5,574 |
| Williamson County | County | 0.3694% | $1,960 |
| Georgetown | City | 0.3530% | $1,873 |
| Williamson County FM/Rd | County | 0.0443% | $235 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $9,642 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $664,559 would pay approximately $4,148 per month (principal and interest only, excluding taxes and insurance).