1003 ELMWOOD DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $396,735 and $547,098, with a best estimate of $417,119. That places the property above the G760500D - Georgetown Village - Shell Ranch R3 median of $390,860, in a neighborhood that declined 1.7% over the past year.
Estimated Value Range
$417,119
$376,424
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G760500D - Georgetown Village - Shell Ranch R3, this home's estimated market value is between $396,735 and $547,098. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$45,646 for 211 sqft more living space and -$25,760 for no pool. Net adjustment: +$19,886.
Adjusted +$39,805 for 184 sqft more living space and +$397 for being newer. Net adjustment: +$40,202.
Adjusted +$56,030 for 259 sqft more living space and +$397 for being newer. Net adjustment: +$56,427.
Adjusted +$102,541 for 474 sqft more living space and +$397 for being newer. Net adjustment: +$102,938.
Adjusted +$60,573 for 280 sqft more living space and -$132 for being older. Net adjustment: +$60,441.
The Neighborhood
This home is valued 3.7% below the G760500D - Georgetown Village - Shell Ranch R3 median of $390,860. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.7% over the past year.
G760500D - Georgetown Village - Shell Ranch R3
typicalThis home is -3.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,293 across all districts. With a homestead exemption claimed, that drops to $5,686 — saving $1,607 per year. That's $474 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% | $3,955 |
| Williamson County | County | 0.3694% | $1,391 |
| Georgetown | City | 0.3530% | $1,329 |
| Georgetown Village PID | pid | 0.1200% | $452 |
| Williamson County FM/Rd | County | 0.0443% | $167 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9374% | $7,293 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $417,119 would pay approximately $2,604 per month (principal and interest only, excluding taxes and insurance).