1506 ELM ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $773,510 and $1,434,473, with a best estimate of $1,272,704. That places the property above the G653H - Old Town Gtown Class H3 median of $809,018, in a neighborhood that appreciated 1.2% over the past year.
Estimated Value Range
$1,272,704
$1,065,650
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in G653H - Old Town Gtown Class H3. The estimated range of $773,510 and $1,434,473 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$123,417 for 278 sqft more living space and +$4,313 for being newer. Net adjustment: +$127,730.
Adjusted +$434,623 for 979 sqft more living space and -$12,939 for being older. Net adjustment: +$421,684.
Adjusted +$51,942 for 117 sqft more living space and -$25,879 for being older. Net adjustment: +$26,063.
Adjusted +$328,520 for 740 sqft more living space and +$24,154 for being newer. Net adjustment: +$352,674.
Adjusted +$857,703 for 1,932 sqft more living space and -$22,428 for being older. Net adjustment: +$835,275.
The Neighborhood
This home is valued 31.7% above the G653H - Old Town Gtown Class H3 median of $809,018. With 127 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 1.2% over the past year.
G653H - Old Town Gtown Class H3
above averageThis home is +31.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $17,901 across all districts. With a homestead exemption claimed, that drops to $16,075 — saving $1,826 per year. That's $1,340 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% | $10,348 |
| Williamson County | County | 0.3694% | $3,639 |
| Georgetown | City | 0.3530% | $3,477 |
| Williamson County FM/Rd | County | 0.0443% | $437 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $17,901 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,272,704 would pay approximately $7,944 per month (principal and interest only, excluding taxes and insurance).