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506 E 4TH ST, GEORGETOWN, TX 78626

GEORGETOWN, 78626 — williamson County

2 bed1 bath835 sqftBuilt 1910

Property at a Glance

This home is estimated between $265,053 and $390,574, with a best estimate of $313,009. 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

$265,053 $390,574
Best Estimate
$313,009
WCAD Value
$340,036
High Confidence

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 $265,053 and $390,574. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

504 COLLEGE ST, GEORGETOWN, TX 78626
0.06 mi 100% similar Same subdivision
2 bed 1 bath 858 sqft Built 1920
Raw Value $304,350
Adjusted Value $302,767

Adjusted -$7,540 for 23 sqft less living space and +$5,957 for being newer. Net adjustment: -$1,583.

408 S COLLEGE ST, GEORGETOWN, TX 78626
0.03 mi 97% similar Same subdivision
3 bed 1 bath 900 sqft Built 1920
Raw Value $374,235
Adjusted Value $265,053

Adjusted -$21,307 for 65 sqft less living space and +$5,957 for being newer and -$93,832 for no garage. Net adjustment: -$109,182.

404 WALNUT ST S, GEORGETOWN, TX 78626
0.08 mi 85% similar Same subdivision
2 bed 1 bath 1,606 sqft Built 1940
Raw Value $551,732
Adjusted Value $316,863

Adjusted -$252,739 for 771 sqft less living space and +$17,870 for being newer. Net adjustment: -$234,869.

501 4TH ST E, GEORGETOWN, TX 78626
0.03 mi 84% similar Same subdivision
2 bed 1 bath 702 sqft Built 1950
Raw Value $245,584
Adjusted Value $313,009

Adjusted +$43,598 for 133 sqft more living space and +$23,827 for being newer. Net adjustment: +$67,425.

407 4TH ST E, GEORGETOWN, TX 78626
0.05 mi 83% similar Same subdivision
2 bed 1 bath 1,144 sqft Built 1955
Raw Value $465,061
Adjusted Value $390,574

Adjusted -$101,292 for 309 sqft less living space and +$26,805 for being newer. Net adjustment: -$74,487.

The Neighborhood

This home is valued 17.0% 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 average
382 Properties
$409,550 Median Value
-18.5% YoY Change
5% Have Pool
11% Have Garage
This Home
$340,036
Median
$409,550

This home is -17.0% below the subdivision median.

Tax Analysis

The estimated annual property tax is $5,729 across all districts. With a homestead exemption claimed, that drops to $4,144 — saving $1,585 per year. That's $345 per month a buyer should budget. The assessed value increased -9.4% vs the subdivision average of -18.5%. This above-average increase gives a protest opportunity score of 46 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Georgetown ISDSchool1.0506%$3,312
Williamson CountyCounty0.3694%$1,165
GeorgetownCity0.3530%$1,113
Williamson County FM/RdCounty0.0443%$140
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.8174%$5,729
46 / 100

Moderate opportunity to protest.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $313,009 would pay approximately $1,954 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 4/17/2026.

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