502 WEST ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $298,616 and $401,370, with a best estimate of $323,587. That places the property below the G601475I - South San Gabriel Urban Renewal median of $359,246, in a neighborhood that declined 11.5% over the past year.
Estimated Value Range
$323,587
$374,266
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in G601475I - South San Gabriel Urban Renewal. The estimated range of $298,616 and $401,370 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$5,031 for 16 sqft more living space and +$18,642 for being newer and +$25,048 for having a garage. Net adjustment: +$48,721.
Adjusted -$22,011 for 70 sqft less living space and +$18,642 for being newer and +$25,048 for having a garage. Net adjustment: +$21,679.
Adjusted -$7,547 for 24 sqft less living space and +$18,642 for being newer and +$25,048 for having a garage. Net adjustment: +$36,143.
Adjusted -$67,920 for 216 sqft less living space and +$26,631 for being newer and +$25,048 for having a garage. Net adjustment: -$16,241.
Adjusted +$18,867 for 60 sqft more living space and +$23,302 for being newer and +$25,048 for having a garage. Net adjustment: +$67,217.
The Neighborhood
This home is valued 4.2% above the G601475I - South San Gabriel Urban Renewal median of $359,246. With 176 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 11.5% over the past year.
G601475I - South San Gabriel Urban Renewal
typicalThis home is +4.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $4,507 across all districts. With a homestead exemption claimed, that drops to $2,947 — saving $1,560 per year. That's $246 per month a buyer should budget. The assessed value increased -2.7% vs the subdivision average of -11.5%. This above-average increase gives a protest opportunity score of 44 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $2,605 |
| Williamson County | County | 0.3694% | $916 |
| Georgetown | City | 0.3530% | $875 |
| Williamson County FM/Rd | County | 0.0443% | $110 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $4,507 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $323,587 would pay approximately $2,020 per month (principal and interest only, excluding taxes and insurance).