205 MARTIN LUTHER KING ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $445,902 and $484,580, with a best estimate of $452,957. 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
$452,957
$612,231
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in G619T68H - Central Georgetown. The estimated range of $445,902 and $484,580 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$106,096 for 342 sqft less living space and +$12,667 for being newer. Net adjustment: -$93,429.
Adjusted -$197,612 for 637 sqft less living space and -$5,067 for being older. Net adjustment: -$202,679.
Adjusted +$11,478 for 37 sqft more living space and +$91,200 for being newer. Net adjustment: +$102,678.
Adjusted +$16,132 for 52 sqft more living space and +$108,933 for being newer. Net adjustment: +$125,065.
Adjusted -$3,412 for 11 sqft less living space and +$108,933 for being newer. Net adjustment: +$105,521.
The Neighborhood
This home is valued 33.1% 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 +33.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,127 across all districts. With a homestead exemption claimed, that drops to $9,435 — saving $1,692 per year. That's $786 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% | $6,432 |
| Williamson County | County | 0.3694% | $2,262 |
| Georgetown | City | 0.3530% | $2,161 |
| Williamson County FM/Rd | County | 0.0443% | $271 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $11,127 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $452,957 would pay approximately $2,827 per month (principal and interest only, excluding taxes and insurance).