601 S ELM ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $1,176,631 and $1,829,067, with a best estimate of $1,489,069. 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
$1,489,069
$981,614
Based on 5 comparable properties(1 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 $1,176,631 and $1,829,067 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$219,601 for 391 sqft more living space and +$72,269 for being newer. Net adjustment: +$291,870.
Adjusted -$10,671 for 19 sqft less living space and +$489,821 for being newer. Net adjustment: +$479,150.
Adjusted +$689,693 for 1,228 sqft more living space. Net adjustment: +$689,693.
Adjusted +$404,942 for 721 sqft more living space and +$120,448 for being newer. Net adjustment: +$525,390.
Adjusted +$134,793 for 240 sqft more living space and +$40,149 for being newer. Net adjustment: +$174,942.
The Neighborhood
This home is valued 14.3% 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 -14.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $17,840 across all districts. With a homestead exemption claimed, that drops to $16,014 — saving $1,826 per year. That's $1,335 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% | $10,313 |
| Williamson County | County | 0.3694% | $3,627 |
| Georgetown | City | 0.3530% | $3,465 |
| Williamson County FM/Rd | County | 0.0443% | $435 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $17,840 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,489,069 would pay approximately $9,295 per month (principal and interest only, excluding taxes and insurance).