506 W 16TH ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $421,861 and $765,867, with a best estimate of $665,726. That places the property above the G619T68H - Central Georgetown median of $459,857, in a neighborhood that declined 0.2% over the past year.
Estimated Value Range
$665,726
$627,246
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G619T68H - Central Georgetown, this home's estimated market value is between $421,861 and $765,867. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$59,873 for 193 sqft more living space and +$60,800 for being newer. Net adjustment: +$120,673.
Adjusted -$287,577 for 927 sqft less living space and +$45,600 for being newer. Net adjustment: -$241,977.
Adjusted +$385,298 for 1,242 sqft more living space and +$40,533 for being newer. Net adjustment: +$425,831.
Adjusted +$318,289 for 1,026 sqft more living space and +$81,066 for being newer. Net adjustment: +$399,355.
Adjusted -$140,221 for 452 sqft less living space and +$149,466 for being newer. Net adjustment: +$9,245.
The Neighborhood
This home is valued 36.4% above the G619T68H - Central Georgetown median of $459,857. With 817 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.2% over the past year.
G619T68H - Central Georgetown
above averageThis home is +36.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,399 across all districts. With a homestead exemption claimed, that drops to $9,702 — saving $1,697 per year. That's $809 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% | $6,590 |
| Williamson County | County | 0.3694% | $2,317 |
| Georgetown | City | 0.3530% | $2,214 |
| Williamson County FM/Rd | County | 0.0443% | $278 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $11,399 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $665,726 would pay approximately $4,155 per month (principal and interest only, excluding taxes and insurance).