1004 ELMWOOD DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $336,222 and $506,896, with a best estimate of $381,209. 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
$381,209
$376,917
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 $336,222 and $506,896. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$62,736 for 290 sqft more living space. Net adjustment: +$62,736.
Adjusted +$16,225 for 75 sqft more living space. Net adjustment: +$16,225.
Adjusted +$5,841 for 27 sqft more living space and -$530 for being older. Net adjustment: +$5,311.
Adjusted -$39,805 for 184 sqft less living space and -$530 for being older. Net adjustment: -$40,335.
Adjusted -$39,805 for 184 sqft less living space and -$397 for being older. Net adjustment: -$40,202.
The Neighborhood
This home is valued 3.6% 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 -3.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,302 across all districts. With a homestead exemption claimed, that drops to $5,695 — saving $1,607 per year. That's $475 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% | $3,960 |
| Williamson County | County | 0.3694% | $1,393 |
| Georgetown | City | 0.3530% | $1,331 |
| Georgetown Village PID | pid | 0.1200% | $452 |
| Williamson County FM/Rd | County | 0.0443% | $167 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9374% | $7,302 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $381,209 would pay approximately $2,379 per month (principal and interest only, excluding taxes and insurance).