511 W 2ND ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $195,405 and $353,992, with a best estimate of $232,757. That places the property below the G601475I - South San Gabriel Urban Renewal median of $359,246, in a neighborhood that declined 11.5% over the past year.
Estimated Value Range
$232,757
$247,431
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in G601475I - South San Gabriel Urban Renewal. The estimated range of $195,405 and $353,992 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$105,653 for 336 sqft less living space and -$3,329 for being older and -$25,048 for no garage. Net adjustment: -$134,030.
Adjusted -$20,753 for 66 sqft less living space and +$16,645 for being newer. Net adjustment: -$4,108.
Adjusted -$83,013 for 264 sqft less living space and -$25,048 for no garage. Net adjustment: -$108,061.
Adjusted -$125,149 for 398 sqft less living space and -$21,971 for being older. Net adjustment: -$147,120.
Adjusted -$67,920 for 216 sqft less living space and +$16,645 for being newer. Net adjustment: -$51,275.
The Neighborhood
This home is valued 31.1% below the G601475I - South San Gabriel Urban Renewal median of $359,246. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 11.5% over the past year.
G601475I - South San Gabriel Urban Renewal
below averageThis home is -31.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,497 across all districts. With a homestead exemption claimed, that drops to $2,937 — saving $1,560 per year. That's $245 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% | $2,600 |
| Williamson County | County | 0.3694% | $914 |
| Georgetown | City | 0.3530% | $873 |
| Williamson County FM/Rd | County | 0.0443% | $110 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $4,497 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $232,757 would pay approximately $1,453 per month (principal and interest only, excluding taxes and insurance).