1243 S MAIN ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $740,905 and $1,388,279, with a best estimate of $898,870. 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
$898,870
$1,372,657
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 $740,905 and $1,388,279. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$98,849 for 176 sqft less living space and +$137,181 for having a pool. Net adjustment: +$38,332.
Adjusted -$9,548 for 17 sqft less living space and +$60,224 for being newer and +$137,181 for having a pool. Net adjustment: +$187,857.
Adjusted -$198,259 for 353 sqft less living space and +$60,224 for being newer. Net adjustment: -$138,035.
Adjusted -$265,655 for 473 sqft less living space and -$88,328 for being older and +$137,181 for having a pool. Net adjustment: -$216,802.
Adjusted -$171,300 for 305 sqft less living space and +$137,181 for having a pool. Net adjustment: -$34,119.
The Neighborhood
This home is valued 19.8% above the G656H - Old Town Gtown Class H4 & H5 median of $1,145,645. With 47 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 11.4% over the past year.
G656H - Old Town Gtown Class H4 & H5
above averageThis home is +19.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $24,036 across all districts. With a homestead exemption claimed, that drops to $22,088 — saving $1,948 per year. That's $1,841 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% | $13,895 |
| Williamson County | County | 0.3694% | $4,886 |
| Georgetown | City | 0.3530% | $4,669 |
| Williamson County FM/Rd | County | 0.0443% | $586 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $24,036 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $898,870 would pay approximately $5,611 per month (principal and interest only, excluding taxes and insurance).