402 S ELM ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $173,495 and $482,642, with a best estimate of $359,803. That places the property below 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
$359,803
$387,815
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in G652H - Old Town Gtown Class H1 & H2. The estimated range of $173,495 and $482,642 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$9,179 for 28 sqft less living space and -$11,913 for being older. Net adjustment: -$21,092.
Adjusted -$30,814 for 94 sqft less living space and +$17,870 for being newer. Net adjustment: -$12,944.
Adjusted +$25,569 for 78 sqft more living space and +$20,848 for being newer. Net adjustment: +$46,417.
Adjusted -$116,699 for 356 sqft less living space and -$93,832 for no garage. Net adjustment: -$210,531.
Adjusted -$412,381 for 1,258 sqft less living space and -$17,870 for being older. Net adjustment: -$430,251.
The Neighborhood
This home is valued 5.3% below the G652H - Old Town Gtown Class H1 & H2 median of $409,550. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 18.5% over the past year.
G652H - Old Town Gtown Class H1 & H2
typicalThis home is -5.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,048 across all districts. With a homestead exemption claimed, that drops to $5,437 — saving $1,611 per year. That's $453 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% | $4,074 |
| Williamson County | County | 0.3694% | $1,433 |
| Georgetown | City | 0.3530% | $1,369 |
| Williamson County FM/Rd | County | 0.0443% | $172 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,048 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $359,803 would pay approximately $2,246 per month (principal and interest only, excluding taxes and insurance).