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1501 TIMBER ST, GEORGETOWN, TX 78626

GEORGETOWN, 78626 — williamson County

2 bed1 bath1,118 sqftBuilt 2003

Property at a Glance

This home is estimated between $311,359 and $407,069, with a best estimate of $379,877. That places the property above 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

$311,359 $407,069
Best Estimate
$379,877
WCAD Value
$342,525
Low Confidence

Based on 5 comparable properties(2 in the same subdivision)

There are 5 comparable properties within range, but few are in G601475I - South San Gabriel Urban Renewal. The estimated range of $311,359 and $407,069 should be treated as a rough guide.

Comparable Properties (5)

2 bed 1 bath 1,008 sqft Built 2003
Raw Value $283,005
Adjusted Value $311,359

Adjusted +$34,589 for 110 sqft more living space and -$6,235 for no pool. Net adjustment: +$28,354.

905 W 18TH ST, GEORGETOWN, TX 78626
0.00 mi 94% similar Same subdivision
3 bed 1 bath 1,056 sqft Built 1975
Raw Value $366,787
Adjusted Value $379,877

Adjusted +$19,496 for 62 sqft more living space and +$18,642 for being newer and -$25,048 for no garage. Net adjustment: +$13,090.

511 W 2ND ST, GEORGETOWN, TX 78626
0.00 mi 86% similar Same subdivision
2 bed 1 bath 720 sqft Built 1970
Raw Value $247,431
Adjusted Value $394,551

Adjusted +$125,149 for 398 sqft more living space and +$21,971 for being newer. Net adjustment: +$147,120.

2 bed 1 bath 984 sqft Built 1970
Raw Value $334,855
Adjusted Value $373,913

Adjusted +$42,135 for 134 sqft more living space and +$21,971 for being newer and -$25,048 for no garage. Net adjustment: +$39,058.

2 bed 1 bath 1,094 sqft Built 1930
Raw Value $350,920
Adjusted Value $407,069

Adjusted +$7,547 for 24 sqft more living space and +$48,602 for being newer. Net adjustment: +$56,149.

The Neighborhood

This home is valued 4.7% below the G601475I - South San Gabriel Urban Renewal median of $359,246. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 11.5% over the past year.

G601475I - South San Gabriel Urban Renewal

typical
176 Properties
$359,246 Median Value
-11.5% YoY Change
0% Have Pool
27% Have Garage
This Home
$342,525
Median
$359,246

This home is -4.7% below the subdivision median.

Tax Analysis

The estimated annual property tax is $5,560 across all districts. With a homestead exemption claimed, that drops to $3,978 — saving $1,582 per year. That's $332 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

DistrictTypeRateAnnual Amount
Georgetown ISDSchool1.0506%$3,214
Williamson CountyCounty0.3694%$1,130
GeorgetownCity0.3530%$1,080
Williamson County FM/RdCounty0.0443%$136
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.8174%$5,560

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $379,877 would pay approximately $2,371 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/17/2026.

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