517 E 8TH ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $127,176 and $563,905, with a best estimate of $169,919. That places the property below 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
$169,919
$279,874
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $127,176 and $563,905. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$137,023 for 418 sqft less living space and -$8,935 for being older and -$114,024 for no pool. Net adjustment: -$259,982.
Adjusted -$16,390 for 50 sqft less living space and -$2,978 for being older. Net adjustment: -$19,368.
Adjusted -$144,235 for 440 sqft less living space and -$2,978 for being older. Net adjustment: -$147,213.
Adjusted -$318,629 for 972 sqft less living space and -$12,509 for being older. Net adjustment: -$331,138.
Adjusted -$204,552 for 624 sqft less living space and +$2,978 for being newer. Net adjustment: -$201,574.
The Neighborhood
This home is valued 31.7% below the G652H - Old Town Gtown Class H1 & H2 median of $409,550. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 18.5% over the past year.
G652H - Old Town Gtown Class H1 & H2
below averageThis home is -31.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,086 across all districts. With a homestead exemption claimed, that drops to $3,514 — saving $1,572 per year. That's $293 per month a buyer should budget. The assessed value increased -8.0% vs the subdivision average of -18.5%. This above-average increase gives a protest opportunity score of 50 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $2,940 |
| Williamson County | County | 0.3694% | $1,034 |
| Georgetown | City | 0.3530% | $988 |
| Williamson County FM/Rd | County | 0.0443% | $124 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,086 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $169,919 would pay approximately $1,061 per month (principal and interest only, excluding taxes and insurance).