1404 ELM ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $788,849 and $1,478,161, with a best estimate of $1,309,691. That places the property above the G656H - Old Town Gtown Class H4 & H5 median of $1,145,645, in a neighborhood that declined 11.4% over the past year.
Estimated Value Range
$1,309,691
$1,118,449
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $788,849 and $1,478,161. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$2,808 for 5 sqft less living space. Net adjustment: -$2,808.
Adjusted +$26,959 for 48 sqft more living space and +$137,181 for having a pool. Net adjustment: +$164,140.
Adjusted +$212,861 for 379 sqft more living space and +$100,373 for being newer and +$137,181 for having a pool. Net adjustment: +$450,415.
Adjusted +$152,204 for 271 sqft more living space and +$100,373 for being newer and +$137,181 for having a pool. Net adjustment: +$389,758.
Adjusted -$149,958 for 267 sqft less living space and +$160,597 for being newer and +$137,181 for having a pool. Net adjustment: +$147,820.
The Neighborhood
This home is valued 2.4% below the G656H - Old Town Gtown Class H4 & H5 median of $1,145,645. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 11.4% over the past year.
G656H - Old Town Gtown Class H4 & H5
typicalThis home is -2.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $20,326 across all districts. With a homestead exemption claimed, that drops to $18,452 — saving $1,874 per year. That's $1,538 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% | $11,750 |
| Williamson County | County | 0.3694% | $4,132 |
| Georgetown | City | 0.3530% | $3,948 |
| Williamson County FM/Rd | County | 0.0443% | $496 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $20,326 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,309,691 would pay approximately $8,175 per month (principal and interest only, excluding taxes and insurance).