1505 OLIVE ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $519,878 and $917,459, with a best estimate of $647,073. That places the property above 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
$647,073
$788,694
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in G652H - Old Town Gtown Class H1 & H2. The estimated range of $519,878 and $917,459 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$68,512 for 209 sqft more living space and -$93,832 for no garage. Net adjustment: -$25,320.
Adjusted -$14,424 for 44 sqft less living space and -$11,913 for being older. Net adjustment: -$26,337.
Adjusted +$372,389 for 1,136 sqft more living space and +$1,191 for being newer. Net adjustment: +$373,580.
Adjusted +$193,078 for 589 sqft more living space and +$2,978 for being newer. Net adjustment: +$196,056.
Adjusted -$23,930 for 73 sqft less living space and +$5,957 for being newer. Net adjustment: -$17,973.
The Neighborhood
This home is valued 92.6% above the G652H - Old Town Gtown Class H1 & H2 median of $409,550. With 382 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 18.5% over the past year.
G652H - Old Town Gtown Class H1 & H2
outlier highThis home is +92.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,334 across all districts. With a homestead exemption claimed, that drops to $12,578 — saving $1,756 per year. That's $1,048 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% | $8,286 |
| Williamson County | County | 0.3694% | $2,914 |
| Georgetown | City | 0.3530% | $2,784 |
| Williamson County FM/Rd | County | 0.0443% | $350 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $14,334 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $647,073 would pay approximately $4,039 per month (principal and interest only, excluding taxes and insurance).