1002 S ELM ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $433,375 and $684,123, with a best estimate of $627,009. That places the property above 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
$627,009
$504,382
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 $433,375 and $684,123. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$8,935 for being older and +$114,024 for having a pool. Net adjustment: +$105,089.
Adjusted +$19,341 for 59 sqft more living space and +$114,024 for having a pool. Net adjustment: +$133,365.
Adjusted -$93,097 for 284 sqft less living space and -$11,913 for being older and +$114,024 for having a pool and -$93,832 for no garage. Net adjustment: -$84,818.
Adjusted +$137,679 for 420 sqft more living space and +$114,024 for having a pool. Net adjustment: +$251,703.
Adjusted -$93,097 for 284 sqft less living space and +$2,978 for being newer and +$114,024 for having a pool and -$93,832 for no garage. Net adjustment: -$69,927.
The Neighborhood
This home is valued 23.2% above the G652H - Old Town Gtown Class H1 & H2 median of $409,550. With 382 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 18.5% over the past year.
G652H - Old Town Gtown Class H1 & H2
above averageThis home is +23.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,167 across all districts. With a homestead exemption claimed, that drops to $7,513 — saving $1,654 per year. That's $626 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% | $5,299 |
| Williamson County | County | 0.3694% | $1,863 |
| Georgetown | City | 0.3530% | $1,780 |
| Williamson County FM/Rd | County | 0.0443% | $224 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $9,167 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $627,009 would pay approximately $3,914 per month (principal and interest only, excluding taxes and insurance).