906 ELMWOOD DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $307,484 and $367,963, with a best estimate of $313,482. That places the property below the G760500D - Georgetown Village - Shell Ranch R3 median of $390,860, in a neighborhood that declined 1.7% over the past year.
Estimated Value Range
$313,482
$352,973
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G760500D - Georgetown Village - Shell Ranch R3, this home's estimated market value is between $307,484 and $367,963. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$68,144 for 315 sqft less living space and +$397 for being newer. Net adjustment: -$67,747.
Adjusted +$10,168 for 47 sqft more living space and +$265 for being newer. Net adjustment: +$10,433.
Adjusted -$58,842 for 272 sqft less living space and +$265 for being newer. Net adjustment: -$58,577.
Adjusted -$75,716 for 350 sqft less living space and +$132 for being newer. Net adjustment: -$75,584.
Adjusted -$13,196 for 61 sqft less living space and +$265 for being newer. Net adjustment: -$12,931.
The Neighborhood
This home is valued 9.7% below the G760500D - Georgetown Village - Shell Ranch R3 median of $390,860. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.7% over the past year.
G760500D - Georgetown Village - Shell Ranch R3
typicalThis home is -9.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,838 across all districts. With a homestead exemption claimed, that drops to $5,240 — saving $1,598 per year. That's $437 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% | $3,708 |
| Williamson County | County | 0.3694% | $1,304 |
| Georgetown | City | 0.3530% | $1,246 |
| Georgetown Village PID | pid | 0.1200% | $424 |
| Williamson County FM/Rd | County | 0.0443% | $156 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9374% | $6,838 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $313,482 would pay approximately $1,957 per month (principal and interest only, excluding taxes and insurance).