1508 LAUREL ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $514,953 and $687,103, with a best estimate of $544,765. That places the property above the G619T68H - Central Georgetown median of $459,857, in a neighborhood that declined 0.2% over the past year.
Estimated Value Range
$544,765
$591,854
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G619T68H - Central Georgetown, this home's estimated market value is between $514,953 and $687,103. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$58,632 for 189 sqft less living space and +$2,533 for being newer. Net adjustment: -$56,099.
Adjusted -$96,480 for 311 sqft less living space and +$25,333 for being newer. Net adjustment: -$71,147.
Adjusted +$5,894 for 19 sqft more living space. Net adjustment: +$5,894.
Adjusted +$32,263 for 104 sqft more living space and -$48,133 for being older. Net adjustment: -$15,870.
Adjusted +$20,475 for 66 sqft more living space and +$38,000 for being newer. Net adjustment: +$58,475.
The Neighborhood
This home is valued 28.7% above the G619T68H - Central Georgetown median of $459,857. With 817 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.2% over the past year.
G619T68H - Central Georgetown
above averageThis home is +28.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,756 across all districts. With a homestead exemption claimed, that drops to $9,072 — saving $1,684 per year. That's $756 per month a buyer should budget. The assessed value increased +6.8% vs the subdivision average of -0.2%. 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% | $6,218 |
| Williamson County | County | 0.3694% | $2,187 |
| Georgetown | City | 0.3530% | $2,089 |
| Williamson County FM/Rd | County | 0.0443% | $262 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $10,756 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $544,765 would pay approximately $3,400 per month (principal and interest only, excluding taxes and insurance).