701 1/2 WALNUT ST S, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $341,439 and $468,040, with a best estimate of $435,216. That places the property above the G652H - Old Town Gtown Class H1 & H2 median of $409,550, in a neighborhood that declined 18.5% over the past year.
Estimated Value Range
$435,216
$414,857
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G652H - Old Town Gtown Class H1 & H2, this home's estimated market value is between $341,439 and $468,040. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$22,946 for 70 sqft more living space and +$5,957 for being newer. Net adjustment: +$28,903.
Adjusted +$45,893 for 140 sqft more living space and +$5,957 for being newer. Net adjustment: +$51,850.
Adjusted -$3,934 for 12 sqft less living space and -$596 for being older. Net adjustment: -$4,530.
Adjusted +$38,026 for 116 sqft more living space and +$8,935 for being newer. Net adjustment: +$46,961.
Adjusted +$96,375 for 294 sqft more living space and +$5,957 for being newer. Net adjustment: +$102,332.
The Neighborhood
This home is valued 1.3% above the G652H - Old Town Gtown Class H1 & H2 median of $409,550. With 382 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 18.5% over the past year.
G652H - Old Town Gtown Class H1 & H2
typicalThis home is +1.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,540 across all districts. With a homestead exemption claimed, that drops to $5,919 — saving $1,621 per year. That's $493 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% | $4,358 |
| Williamson County | County | 0.3694% | $1,533 |
| Georgetown | City | 0.3530% | $1,464 |
| Williamson County FM/Rd | County | 0.0443% | $184 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,540 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $435,216 would pay approximately $2,717 per month (principal and interest only, excluding taxes and insurance).