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705 E 3RD ST, GEORGETOWN, TX 78626

GEORGETOWN, 78626 — williamson County

3 bed1 bath2,109 sqftBuilt 1900

Property at a Glance

This home is estimated between $840,068 and $1,003,498, with a best estimate of $955,727. 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

$840,068 $1,003,498
Best Estimate
$955,727
WCAD Value
$1,417,464
Low Confidence

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 $840,068 and $1,003,498 should be treated as a rough guide.

Comparable Properties (5)

3 bed 1 bath 1,637 sqft Built 1898
Raw Value $641,233
Adjusted Value $898,297

Adjusted +$265,094 for 472 sqft more living space and -$8,030 for being older. Net adjustment: +$257,064.

3 bed 2 bath 1,795 sqft Built 1900
Raw Value $779,372
Adjusted Value $955,727

Adjusted +$176,355 for 314 sqft more living space. Net adjustment: +$176,355.

2 bed 1 bath 1,478 sqft Built 1905
Raw Value $629,029
Adjusted Value $1,003,498

Adjusted +$354,394 for 631 sqft more living space and +$20,075 for being newer. Net adjustment: +$374,469.

2 bed 1 bath 1,390 sqft Built 1900
Raw Value $436,249
Adjusted Value $840,068

Adjusted +$403,819 for 719 sqft more living space. Net adjustment: +$403,819.

2 bed 1 bath 1,270 sqft Built 1900
Raw Value $519,645
Adjusted Value $990,860

Adjusted +$471,215 for 839 sqft more living space. Net adjustment: +$471,215.

The Neighborhood

This home is valued 23.7% 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 average
47 Properties
$1,145,645 Median Value
-11.4% YoY Change
23% Have Pool
26% Have Garage
This Home
$1,417,464
Median
$1,145,645

This home is +23.7% above the subdivision median.

Tax Analysis

The estimated annual property tax is $25,155 across all districts. With a homestead exemption claimed, that drops to $23,184 — saving $1,971 per year. That's $1,932 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

DistrictTypeRateAnnual Amount
Georgetown ISDSchool1.0506%$14,542
Williamson CountyCounty0.3694%$5,114
GeorgetownCity0.3530%$4,886
Williamson County FM/RdCounty0.0443%$614
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.8174%$25,155

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $955,727 would pay approximately $5,966 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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