505 W 6TH ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $442,463 and $617,772, with a best estimate of $559,294. That places the property above the G619T68H - Central Georgetown median of $459,857, in a neighborhood that declined 0.2% over the past year.
Estimated Value Range
$559,294
$686,611
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $442,463 and $617,772. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$58,942 for 190 sqft less living space and -$5,067 for being older. Net adjustment: -$64,009.
Adjusted +$29,471 for 95 sqft more living space and -$2,533 for being older and -$46,056 for no pool. Net adjustment: -$19,118.
Adjusted +$90,275 for 291 sqft more living space and +$38,000 for being newer. Net adjustment: +$128,275.
Adjusted -$2,792 for 9 sqft less living space and +$146,933 for being newer. Net adjustment: +$144,141.
Adjusted +$21,405 for 69 sqft more living space and +$172,266 for being newer. Net adjustment: +$193,671.
The Neighborhood
This home is valued 49.3% 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 +49.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,478 across all districts. With a homestead exemption claimed, that drops to $10,759 — saving $1,719 per year. That's $897 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% | $7,214 |
| Williamson County | County | 0.3694% | $2,537 |
| Georgetown | City | 0.3530% | $2,424 |
| Williamson County FM/Rd | County | 0.0443% | $304 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $12,478 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $559,294 would pay approximately $3,491 per month (principal and interest only, excluding taxes and insurance).