1506 TIMBER ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $819,923 and $1,007,844, with a best estimate of $907,704. That places the property above the G619T68H - Central Georgetown median of $459,857, in a neighborhood that declined 0.2% over the past year.
Estimated Value Range
$907,704
$663,838
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G619T68H - Central Georgetown, this home's estimated market value is between $819,923 and $1,007,844. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$347,451 for 1,120 sqft more living space and +$15,200 for being newer. Net adjustment: +$362,651.
Adjusted +$287,577 for 927 sqft more living space and -$45,600 for being older. Net adjustment: +$241,977.
Adjusted +$147,356 for 475 sqft more living space and +$103,866 for being newer. Net adjustment: +$251,222.
Adjusted +$672,875 for 2,169 sqft more living space and -$5,067 for being older. Net adjustment: +$667,808.
Adjusted +$605,867 for 1,953 sqft more living space and +$35,467 for being newer. Net adjustment: +$641,334.
The Neighborhood
This home is valued 44.4% above the G619T68H - Central Georgetown median of $459,857. With 817 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.2% over the past year.
G619T68H - Central Georgetown
above averageThis home is +44.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,064 across all districts. With a homestead exemption claimed, that drops to $10,354 — saving $1,710 per year. That's $863 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% | $6,974 |
| Williamson County | County | 0.3694% | $2,453 |
| Georgetown | City | 0.3530% | $2,343 |
| Williamson County FM/Rd | County | 0.0443% | $294 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $12,064 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $907,704 would pay approximately $5,666 per month (principal and interest only, excluding taxes and insurance).