1608 ELM ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $101,424 and $443,457, with a best estimate of $336,415. 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
$336,415
$311,084
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 $101,424 and $443,457. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$39,009 for 119 sqft more living space. Net adjustment: +$39,009.
Adjusted -$125,878 for 384 sqft less living space and -$114,024 for no pool. Net adjustment: -$239,902.
Adjusted -$96,703 for 295 sqft less living space and +$2,978 for being newer. Net adjustment: -$93,725.
Adjusted -$146,858 for 448 sqft less living space and +$2,978 for being newer. Net adjustment: -$143,880.
Adjusted -$28,847 for 88 sqft less living space and -$2,978 for being older. Net adjustment: -$31,825.
The Neighborhood
This home is valued 24.0% 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 -24.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,535 across all districts. With a homestead exemption claimed, that drops to $3,955 — saving $1,580 per year. That's $330 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% | $3,200 |
| Williamson County | County | 0.3694% | $1,125 |
| Georgetown | City | 0.3530% | $1,075 |
| Williamson County FM/Rd | County | 0.0443% | $135 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,535 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $336,415 would pay approximately $2,100 per month (principal and interest only, excluding taxes and insurance).