1001 ELMWOOD DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $346,704 and $401,525, with a best estimate of $393,569. That places the property above the G760500D - Georgetown Village - Shell Ranch R3 median of $390,860, in a neighborhood that declined 1.7% over the past year.
Estimated Value Range
$393,569
$376,849
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G760500D - Georgetown Village - Shell Ranch R3, this home's estimated market value is between $346,704 and $401,525. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$45,646 for 211 sqft less living space and +$25,760 for having a pool. Net adjustment: -$19,886.
Adjusted +$14,927 for 69 sqft more living space and -$132 for being older and +$25,760 for having a pool. Net adjustment: +$40,555.
Adjusted +$10,384 for 48 sqft more living space and +$397 for being newer and +$25,760 for having a pool. Net adjustment: +$36,541.
Adjusted -$54,948 for 254 sqft less living space and +$265 for being newer and +$25,760 for having a pool. Net adjustment: -$28,923.
Adjusted -$5,841 for 27 sqft less living space and +$397 for being newer and +$25,760 for having a pool. Net adjustment: +$20,316.
The Neighborhood
This home is valued 3.6% below the G760500D - Georgetown Village - Shell Ranch R3 median of $390,860. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.7% over the past year.
G760500D - Georgetown Village - Shell Ranch R3
typicalThis home is -3.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,301 across all districts. With a homestead exemption claimed, that drops to $5,694 — saving $1,607 per year. That's $475 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% | $3,959 |
| Williamson County | County | 0.3694% | $1,392 |
| Georgetown | City | 0.3530% | $1,330 |
| Georgetown Village PID | pid | 0.1200% | $452 |
| Williamson County FM/Rd | County | 0.0443% | $167 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9374% | $7,301 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $393,569 would pay approximately $2,457 per month (principal and interest only, excluding taxes and insurance).