605 W 8TH ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $293,981 and $419,967, with a best estimate of $308,864. 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
$308,864
$362,734
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $293,981 and $419,967. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$37,104 for 118 sqft less living space and +$4,660 for being newer. Net adjustment: -$32,444.
Adjusted -$12,892 for 41 sqft less living space and +$13,316 for being newer. Net adjustment: +$424.
Adjusted -$132,381 for 421 sqft less living space and +$3,329 for being newer. Net adjustment: -$129,052.
Adjusted -$68,863 for 219 sqft less living space and +$29,960 for being newer. Net adjustment: -$38,903.
Adjusted +$87,730 for 279 sqft more living space and -$11,318 for being older and -$25,048 for no garage. Net adjustment: +$51,364.
The Neighborhood
This home is in line with the G601475I - South San Gabriel Urban Renewal median of $359,246. Note that values in this subdivision declined 11.5% over the past year.
G601475I - South San Gabriel Urban Renewal
typicalThis home is +1.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,034 across all districts. With a homestead exemption claimed, that drops to $3,463 — saving $1,571 per year. That's $289 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% | $2,910 |
| Williamson County | County | 0.3694% | $1,023 |
| Georgetown | City | 0.3530% | $978 |
| Williamson County FM/Rd | County | 0.0443% | $123 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,034 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $308,864 would pay approximately $1,928 per month (principal and interest only, excluding taxes and insurance).