902 S ELM ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $262,822 and $536,304, with a best estimate of $399,293. 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
$399,293
$328,286
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G652H - Old Town Gtown Class H1 & H2, this home's estimated market value is between $262,822 and $536,304. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$8,935 for being newer and -$114,024 for no pool. Net adjustment: -$105,089.
Adjusted -$59,005 for 180 sqft less living space and -$2,978 for being older and -$114,024 for no pool. Net adjustment: -$176,007.
Adjusted +$137,679 for 420 sqft more living space and +$8,935 for being newer. Net adjustment: +$146,614.
Adjusted -$32,781 for 100 sqft less living space and -$2,978 for being older and -$93,832 for no garage. Net adjustment: -$129,591.
Adjusted -$93,097 for 284 sqft less living space and -$2,978 for being older and -$93,832 for no garage. Net adjustment: -$189,907.
The Neighborhood
This home is valued 19.8% below the G652H - Old Town Gtown Class H1 & H2 median of $409,550. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 18.5% over the past year.
G652H - Old Town Gtown Class H1 & H2
below averageThis home is -19.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,966 across all districts. With a homestead exemption claimed, that drops to $4,377 — saving $1,589 per year. That's $365 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% | $3,449 |
| Williamson County | County | 0.3694% | $1,213 |
| Georgetown | City | 0.3530% | $1,159 |
| Williamson County FM/Rd | County | 0.0443% | $146 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,966 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $399,293 would pay approximately $2,492 per month (principal and interest only, excluding taxes and insurance).