502 W 16TH ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $47,757 and $334,384, with a best estimate of $312,165. That places the property below the G619T68H - Central Georgetown median of $459,857, in a neighborhood that declined 0.2% over the past year.
Estimated Value Range
$312,165
$576,599
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in G619T68H - Central Georgetown. The estimated range of $47,757 and $334,384 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$128,433 for 414 sqft less living space and -$7,600 for being older. Net adjustment: -$136,033.
Adjusted -$368,546 for 1,188 sqft less living space and -$7,600 for being older. Net adjustment: -$376,146.
Adjusted -$361,100 for 1,164 sqft less living space and -$7,600 for being older. Net adjustment: -$368,700.
Adjusted -$22,646 for 73 sqft less living space and +$45,600 for being newer. Net adjustment: +$22,954.
Adjusted -$115,093 for 371 sqft less living space and +$43,067 for being newer. Net adjustment: -$72,026.
The Neighborhood
This home is valued 25.4% 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 +25.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,479 across all districts. With a homestead exemption claimed, that drops to $8,800 — saving $1,679 per year. That's $733 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% | $6,058 |
| Williamson County | County | 0.3694% | $2,130 |
| Georgetown | City | 0.3530% | $2,035 |
| Williamson County FM/Rd | County | 0.0443% | $256 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $10,479 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $312,165 would pay approximately $1,949 per month (principal and interest only, excluding taxes and insurance).