1503 ELM ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $463,209 and $597,037, with a best estimate of $548,153. 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
$548,153
$932,096
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $463,209 and $597,037. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$3,934 for 12 sqft more living space and -$2,978 for being older and -$93,832 for no garage. Net adjustment: -$92,876.
Adjusted +$221,598 for 676 sqft more living space. Net adjustment: +$221,598.
Adjusted +$135,712 for 414 sqft more living space and -$5,957 for being older and -$93,832 for no garage. Net adjustment: +$35,923.
Adjusted +$164,559 for 502 sqft more living space and -$5,957 for being older and -$93,832 for no garage. Net adjustment: +$64,770.
Adjusted -$13,112 for 40 sqft less living space and +$5,957 for being newer and -$93,832 for no garage. Net adjustment: -$100,987.
The Neighborhood
This home is valued 127.6% 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
outlier highThis home is +127.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $16,940 across all districts. With a homestead exemption claimed, that drops to $15,132 — saving $1,808 per year. That's $1,261 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% | $9,793 |
| Williamson County | County | 0.3694% | $3,444 |
| Georgetown | City | 0.3530% | $3,290 |
| Williamson County FM/Rd | County | 0.0443% | $413 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $16,940 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $548,153 would pay approximately $3,422 per month (principal and interest only, excluding taxes and insurance).