501 E 7TH ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $383,138 and $788,125, with a best estimate of $415,153. 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
$415,153
$298,322
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 $383,138 and $788,125. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$24,197 for 78 sqft more living space and +$25,333 for being newer. Net adjustment: +$49,530.
Adjusted +$8,066 for 26 sqft more living space and +$38,000 for being newer. Net adjustment: +$46,066.
Adjusted +$109,199 for 352 sqft more living space and -$12,667 for being older. Net adjustment: +$96,532.
Adjusted +$140,221 for 452 sqft more living space. Net adjustment: +$140,221.
Adjusted +$31,953 for 103 sqft more living space and -$60,800 for being older. Net adjustment: -$28,847.
The Neighborhood
This home is valued 35.1% 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 averageThis home is -35.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,422 across all districts. With a homestead exemption claimed, that drops to $3,843 — saving $1,579 per year. That's $320 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% | $3,134 |
| Williamson County | County | 0.3694% | $1,102 |
| Georgetown | City | 0.3530% | $1,053 |
| Williamson County FM/Rd | County | 0.0443% | $132 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,422 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $415,153 would pay approximately $2,591 per month (principal and interest only, excluding taxes and insurance).