641 OTTO AVE, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $366,815 and $471,054, with a best estimate of $393,811. That places the property above the G570318C - FAIRHAVEN median of $361,924, in a neighborhood that declined 5.7% over the past year.
Estimated Value Range
$393,811
$364,095
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G570318C - FAIRHAVEN, this home's estimated market value is between $366,815 and $471,054. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$76,960 for 372 sqft more living space. Net adjustment: +$76,960.
Adjusted +$63,306 for 306 sqft more living space. Net adjustment: +$63,306.
Adjusted +$30,412 for 147 sqft more living space. Net adjustment: +$30,412.
Adjusted +$30,412 for 147 sqft more living space. Net adjustment: +$30,412.
This comparable closely matches the subject property's features.
The Neighborhood
This home is in line with the G570318C - FAIRHAVEN median of $361,924. Note that values in this subdivision declined 5.7% over the past year.
G570318C - FAIRHAVEN
typicalThis home is +0.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,315 across all districts. With a homestead exemption claimed, that drops to $6,713 — saving $1,602 per year. That's $559 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% | $3,825 |
| SE Williamson County MUD #1 | MUD | 0.4665% | $1,699 |
| Williamson County | County | 0.3694% | $1,345 |
| Georgetown | City | 0.3530% | $1,285 |
| Williamson County FM/Rd | County | 0.0443% | $161 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.2839% | $8,315 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $393,811 would pay approximately $2,458 per month (principal and interest only, excluding taxes and insurance).