1702 S ELM ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $377,171 and $791,184, with a best estimate of $574,950. That places the property below 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
$574,950
$1,099,139
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in G656H - Old Town Gtown Class H4 & H5. The estimated range of $377,171 and $791,184 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$62,904 for 112 sqft less living space and +$140,522 for being newer. Net adjustment: +$77,618.
Adjusted +$35,945 for 64 sqft more living space and +$140,522 for being newer. Net adjustment: +$176,467.
Adjusted +$289,074 for being newer. Net adjustment: +$289,074.
Adjusted -$404,380 for 720 sqft less living space and +$140,522 for being newer. Net adjustment: -$263,858.
Adjusted -$163,999 for 292 sqft less living space and +$80,298 for being newer. Net adjustment: -$83,701.
The Neighborhood
This home is valued 4.1% below the G656H - Old Town Gtown Class H4 & H5 median of $1,145,645. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 11.4% over the past year.
G656H - Old Town Gtown Class H4 & H5
typicalThis home is -4.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $19,488 across all districts. With a homestead exemption claimed, that drops to $17,629 — saving $1,859 per year. That's $1,469 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% | $11,265 |
| Williamson County | County | 0.3694% | $3,962 |
| Georgetown | City | 0.3530% | $3,785 |
| Williamson County FM/Rd | County | 0.0443% | $475 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $19,488 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $574,950 would pay approximately $3,589 per month (principal and interest only, excluding taxes and insurance).