509 S MYRTLE ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $374,410 and $505,462, with a best estimate of $479,624. 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
$479,624
$465,905
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 $374,410 and $505,462. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$72,118 for 220 sqft less living space and +$5,957 for being newer. Net adjustment: -$66,161.
Adjusted -$29,830 for 91 sqft less living space and -$11,913 for being older. Net adjustment: -$41,743.
Adjusted -$60,317 for 184 sqft less living space and -$8,339 for being older. Net adjustment: -$68,656.
Adjusted +$124,567 for 380 sqft more living space. Net adjustment: +$124,567.
Adjusted -$91,786 for 280 sqft less living space and +$5,957 for being newer. Net adjustment: -$85,829.
The Neighborhood
This home is valued 13.8% 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 +13.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,069 across all districts. With a homestead exemption claimed, that drops to $6,438 — saving $1,631 per year. That's $537 per month a buyer should budget. The assessed value increased -3.2% vs the subdivision average of -18.5%. This above-average increase gives a protest opportunity score of 50 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $4,665 |
| Williamson County | County | 0.3694% | $1,640 |
| Georgetown | City | 0.3530% | $1,567 |
| Williamson County FM/Rd | County | 0.0443% | $197 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $8,069 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $479,624 would pay approximately $2,994 per month (principal and interest only, excluding taxes and insurance).