1503 TIMBER ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $274,196 and $618,202, with a best estimate of $518,062. 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
$518,062
$485,655
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 $274,196 and $618,202. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$117,265 for 378 sqft less living space and -$30,400 for being older. Net adjustment: -$147,665.
Adjusted -$57,391 for 185 sqft less living space and +$30,400 for being newer. Net adjustment: -$26,991.
Adjusted +$268,033 for 864 sqft more living space and +$10,133 for being newer. Net adjustment: +$278,166.
Adjusted +$201,025 for 648 sqft more living space and +$50,666 for being newer. Net adjustment: +$251,691.
Adjusted -$404,842 for 1,305 sqft less living space and +$15,200 for being newer. Net adjustment: -$389,642.
The Neighborhood
This home is valued 5.6% 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
typicalThis home is +5.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,500 across all districts. With a homestead exemption claimed, that drops to $3,920 — saving $1,580 per year. That's $327 per month a buyer should budget. The assessed value increased +14.4% vs the subdivision average of -0.2%. This above-average increase gives a protest opportunity score of 80 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $3,179 |
| Williamson County | County | 0.3694% | $1,118 |
| Georgetown | City | 0.3530% | $1,068 |
| Williamson County FM/Rd | County | 0.0443% | $134 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,500 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $518,062 would pay approximately $3,234 per month (principal and interest only, excluding taxes and insurance).