508 WALNUT ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $559,336 and $826,784, with a best estimate of $649,772. That places the property below the G653H - Old Town Gtown Class H3 median of $809,018, in a neighborhood that appreciated 1.2% over the past year.
Estimated Value Range
$649,772
$839,002
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in G653H - Old Town Gtown Class H3. The estimated range of $559,336 and $826,784 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$279,686 for 630 sqft less living space. Net adjustment: -$279,686.
Adjusted +$96,780 for 218 sqft more living space and -$4,313 for being older. Net adjustment: +$92,467.
Adjusted +$39,511 for 89 sqft more living space and -$11,214 for being older. Net adjustment: +$28,297.
Adjusted +$200,220 for 451 sqft more living space and -$12,939 for being older. Net adjustment: +$187,281.
Adjusted +$31,076 for 70 sqft more living space and -$12,939 for being older. Net adjustment: +$18,137.
The Neighborhood
This home is valued 3.7% above the G653H - Old Town Gtown Class H3 median of $809,018. With 127 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 1.2% over the past year.
G653H - Old Town Gtown Class H3
typicalThis home is +3.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,248 across all districts. With a homestead exemption claimed, that drops to $13,474 — saving $1,774 per year. That's $1,123 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% | $8,815 |
| Williamson County | County | 0.3694% | $3,100 |
| Georgetown | City | 0.3530% | $2,962 |
| Williamson County FM/Rd | County | 0.0443% | $372 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $15,248 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $649,772 would pay approximately $4,056 per month (principal and interest only, excluding taxes and insurance).