405 W 2ND ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $352,461 and $538,552, with a best estimate of $487,917. 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
$487,917
$329,123
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G601475I - South San Gabriel Urban Renewal, this home's estimated market value is between $352,461 and $538,552. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$151,248 for 481 sqft more living space. Net adjustment: +$151,248.
Adjusted +$103,767 for 330 sqft more living space. Net adjustment: +$103,767.
Adjusted +$171,058 for 544 sqft more living space. Net adjustment: +$171,058.
Adjusted +$18,238 for 58 sqft more living space. Net adjustment: +$18,238.
Adjusted +$23,269 for 74 sqft more living space and -$666 for being older. Net adjustment: +$22,603.
The Neighborhood
This home is valued 8.4% 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
typicalThis home is -8.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,894 across all districts. With a homestead exemption claimed, that drops to $3,326 — saving $1,568 per year. That's $277 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% | $2,829 |
| Williamson County | County | 0.3694% | $995 |
| Georgetown | City | 0.3530% | $951 |
| Williamson County FM/Rd | County | 0.0443% | $119 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $4,894 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $487,917 would pay approximately $3,046 per month (principal and interest only, excluding taxes and insurance).