705 W 8TH ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $425,686 and $495,184, with a best estimate of $482,119. That places the property above the G601475I - South San Gabriel Urban Renewal median of $359,246, in a neighborhood that declined 11.5% over the past year.
Estimated Value Range
$482,119
$437,916
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in G601475I - South San Gabriel Urban Renewal. The estimated range of $425,686 and $495,184 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$95,277 for 303 sqft more living space and +$1,332 for being newer. Net adjustment: +$96,609.
Adjusted -$2,830 for 9 sqft less living space and +$26,631 for being newer. Net adjustment: +$23,801.
Adjusted +$132,381 for 421 sqft more living space and -$3,329 for being older. Net adjustment: +$129,052.
Adjusted +$11,320 for 36 sqft more living space and +$29,960 for being newer. Net adjustment: +$41,280.
Adjusted -$121,375 for 386 sqft less living space and +$45,273 for being newer. Net adjustment: -$76,102.
The Neighborhood
This home is valued 21.9% above the G601475I - South San Gabriel Urban Renewal median of $359,246. With 176 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 11.5% over the past year.
G601475I - South San Gabriel Urban Renewal
above averageThis home is +21.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,812 across all districts. With a homestead exemption claimed, that drops to $4,226 — saving $1,586 per year. That's $352 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% | $3,360 |
| Williamson County | County | 0.3694% | $1,182 |
| Georgetown | City | 0.3530% | $1,129 |
| Williamson County FM/Rd | County | 0.0443% | $142 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,812 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $482,119 would pay approximately $3,009 per month (principal and interest only, excluding taxes and insurance).