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508 COLLEGE ST, GEORGETOWN, TX 78626

GEORGETOWN, 78626 — williamson County

3 bed1 bath925 sqftBuilt 2001

Property at a Glance

This home is estimated between $283,036 and $416,016, with a best estimate of $309,867. That places the property below the G619T68H - Central Georgetown median of $459,857, in a neighborhood that declined 0.2% over the past year.

Estimated Value Range

$283,036 $416,016
Best Estimate
$309,867
WCAD Value
$306,902
High Confidence

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 $283,036 and $416,016. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

605 7TH ST E, GEORGETOWN, TX 78626
0.08 mi 99% similar Same subdivision
3 bed 764 sqft Built 2002
Raw Value $368,603
Adjusted Value $416,016

Adjusted +$49,946 for 161 sqft more living space and -$2,533 for being older. Net adjustment: +$47,413.

503 E 5TH ST, GEORGETOWN, TX 78626
0.04 mi 94% similar Same subdivision
3 bed 1 bath 1,118 sqft Built 1975
Raw Value $303,152
Adjusted Value $309,145

Adjusted -$59,873 for 193 sqft less living space and +$65,866 for being newer. Net adjustment: +$5,993.

501 E 5TH ST, GEORGETOWN, TX 78626
0.05 mi 93% similar Same subdivision
3 bed 1 bath 1,140 sqft Built 1975
Raw Value $320,960
Adjusted Value $320,128

Adjusted -$66,698 for 215 sqft less living space and +$65,866 for being newer. Net adjustment: -$832.

502 E 5TH ST, GEORGETOWN, TX 78626
0.03 mi 92% similar Same subdivision
3 bed 2 bath 1,196 sqft Built 2003
Raw Value $372,174
Adjusted Value $283,036

Adjusted -$84,071 for 271 sqft less living space and -$5,067 for being older. Net adjustment: -$89,138.

602 ASH ST, GEORGETOWN, TX 78626
0.07 mi 88% similar Same subdivision
3 bed 1 bath 1,144 sqft Built 1965
Raw Value $286,606
Adjusted Value $309,867

Adjusted -$67,939 for 219 sqft less living space and +$91,200 for being newer. Net adjustment: +$23,261.

The Neighborhood

This home is valued 33.3% below the G619T68H - Central Georgetown median of $459,857. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.2% over the past year.

G619T68H - Central Georgetown

below average
817 Properties
$459,857 Median Value
-0.2% YoY Change
4% Have Pool
38% Have Garage
This Home
$306,902
Median
$459,857

This home is -33.3% below the subdivision median.

Tax Analysis

The estimated annual property tax is $5,578 across all districts. With a homestead exemption claimed, that drops to $3,996 — saving $1,582 per year. That's $333 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

DistrictTypeRateAnnual Amount
Georgetown ISDSchool1.0506%$3,224
Williamson CountyCounty0.3694%$1,134
GeorgetownCity0.3530%$1,083
Williamson County FM/RdCounty0.0443%$136
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.8174%$5,578

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $309,867 would pay approximately $1,934 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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