1012 FOREST ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $125,749 and $296,205, with a best estimate of $240,996. 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
$240,996
$260,239
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 $125,749 and $296,205. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$35,403 for 108 sqft less living space and +$2,978 for being newer. Net adjustment: -$32,425.
Adjusted -$132,434 for 404 sqft less living space. Net adjustment: -$132,434.
Adjusted -$102,276 for 312 sqft less living space and +$5,957 for being newer. Net adjustment: -$96,319.
Adjusted -$131,123 for 400 sqft less living space. Net adjustment: -$131,123.
Adjusted -$78,018 for 238 sqft less living space and +$7,148 for being newer. Net adjustment: -$70,870.
The Neighborhood
This home is valued 36.5% 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 -36.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,730 across all districts. With a homestead exemption claimed, that drops to $3,165 — saving $1,565 per year. That's $264 per month a buyer should budget. The assessed value increased -7.5% vs the subdivision average of -18.5%. This above-average increase gives a protest opportunity score of 50 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $2,734 |
| Williamson County | County | 0.3694% | $961 |
| Georgetown | City | 0.3530% | $919 |
| Williamson County FM/Rd | County | 0.0443% | $115 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $4,730 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $240,996 would pay approximately $1,504 per month (principal and interest only, excluding taxes and insurance).