1601 OLIVE ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $482,533 and $671,770, with a best estimate of $603,864. 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
$603,864
$886,300
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 $482,533 and $671,770. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$35,676 for 115 sqft more living space and -$5,067 for being older. Net adjustment: +$30,609.
Adjusted -$62,665 for 202 sqft less living space. Net adjustment: -$62,665.
Adjusted -$26,679 for 86 sqft less living space and -$50,666 for being older. Net adjustment: -$77,345.
Adjusted +$23,577 for 76 sqft more living space and -$12,667 for being older and -$46,056 for no pool. Net adjustment: -$35,146.
Adjusted +$109,199 for 352 sqft more living space. Net adjustment: +$109,199.
The Neighborhood
This home is valued 92.7% 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
outlier highThis home is +92.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,922 across all districts. With a homestead exemption claimed, that drops to $9,234 — saving $1,688 per year. That's $770 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% | $6,314 |
| Williamson County | County | 0.3694% | $2,220 |
| Georgetown | City | 0.3530% | $2,121 |
| Williamson County FM/Rd | County | 0.0443% | $266 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $10,922 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $603,864 would pay approximately $3,769 per month (principal and interest only, excluding taxes and insurance).