1123 8TH ST E, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $146,545 and $299,242, with a best estimate of $189,289. That places the property below the G652H - Old Town Gtown Class H1 & H2 median of $409,550, in a neighborhood that declined 18.5% over the past year.
Estimated Value Range
$189,289
$583,273
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 $146,545 and $299,242. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$16,390 for 50 sqft more living space and +$2,978 for being newer. Net adjustment: +$19,368.
Adjusted -$120,633 for 368 sqft less living space and -$5,957 for being older and -$114,024 for no pool. Net adjustment: -$240,614.
Adjusted -$127,845 for 390 sqft less living space. Net adjustment: -$127,845.
Adjusted -$188,161 for 574 sqft less living space and +$5,957 for being newer. Net adjustment: -$182,204.
Adjusted -$302,238 for 922 sqft less living space and -$9,531 for being older. Net adjustment: -$311,769.
The Neighborhood
This home is valued 42.4% above the G652H - Old Town Gtown Class H1 & H2 median of $409,550. With 382 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 18.5% over the past year.
G652H - Old Town Gtown Class H1 & H2
above averageThis home is +42.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,600 across all districts. With a homestead exemption claimed, that drops to $8,919 — saving $1,681 per year. That's $743 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% | $6,128 |
| Williamson County | County | 0.3694% | $2,155 |
| Georgetown | City | 0.3530% | $2,059 |
| Williamson County FM/Rd | County | 0.0443% | $259 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $10,600 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $189,289 would pay approximately $1,182 per month (principal and interest only, excluding taxes and insurance).