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401 WALNUT ST, GEORGETOWN, TX 78626

GEORGETOWN, 78626 — williamson County

2 bed1 bath1,136 sqftBuilt 1929

Property at a Glance

This home is estimated between $262,566 and $512,797, with a best estimate of $405,746. 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

$262,566 $512,797
Best Estimate
$405,746
WCAD Value
$547,974
Medium Confidence

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 $262,566 and $512,797. More comparables in the same subdivision would strengthen this estimate.

Comparable Properties (5)

805 4TH ST E, GEORGETOWN, TX 78626
0.08 mi 97% similar Same subdivision
2 bed 1 bath 1,027 sqft Built 1935
Raw Value $366,441
Adjusted Value $405,746

Adjusted +$35,731 for 109 sqft more living space and +$3,574 for being newer. Net adjustment: +$39,305.

404 WALNUT ST S, GEORGETOWN, TX 78626
0.03 mi 91% similar Same subdivision
2 bed 1 bath 1,606 sqft Built 1940
Raw Value $551,732
Adjusted Value $404,215

Adjusted -$154,069 for 470 sqft less living space and +$6,552 for being newer. Net adjustment: -$147,517.

301 WALNUT ST S, GEORGETOWN, TX 78626
0.06 mi 88% similar Same subdivision
2 bed 1 bath 1,863 sqft Built 1935
Raw Value $497,308
Adjusted Value $262,566

Adjusted -$238,316 for 727 sqft less living space and +$3,574 for being newer. Net adjustment: -$234,742.

2 bed 1 bath 1,488 sqft Built 1910
Raw Value $639,503
Adjusted Value $512,797

Adjusted -$115,388 for 352 sqft less living space and -$11,318 for being older. Net adjustment: -$126,706.

2 bed 1 bath 1,092 sqft Built 1955
Raw Value $404,924
Adjusted Value $434,835

Adjusted +$14,424 for 44 sqft more living space and +$15,487 for being newer. Net adjustment: +$29,911.

The Neighborhood

This home is valued 33.8% 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 average
382 Properties
$409,550 Median Value
-18.5% YoY Change
5% Have Pool
11% Have Garage
This Home
$547,974
Median
$409,550

This home is +33.8% above the subdivision median.

Tax Analysis

The estimated annual property tax is $9,959 across all districts. With a homestead exemption claimed, that drops to $8,290 — saving $1,669 per year. That's $691 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

DistrictTypeRateAnnual Amount
Georgetown ISDSchool1.0506%$5,757
Williamson CountyCounty0.3694%$2,024
GeorgetownCity0.3530%$1,934
Williamson County FM/RdCounty0.0443%$243
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.8174%$9,959

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $405,746 would pay approximately $2,533 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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