1501 OLIVE ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $485,980 and $784,759, with a best estimate of $710,998. That places the property above the G619T68H - Central Georgetown median of $459,857, in a neighborhood that declined 0.2% over the past year.
Estimated Value Range
$710,998
$672,727
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G619T68H - Central Georgetown, this home's estimated market value is between $485,980 and $784,759. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$71,041 for 229 sqft more living space and -$12,667 for being older. Net adjustment: +$58,374.
Adjusted +$185,824 for 599 sqft more living space and +$20,267 for being newer. Net adjustment: +$206,091.
Adjusted -$7,445 for 24 sqft less living space and -$35,467 for being older. Net adjustment: -$42,912.
Adjusted -$204,437 for 659 sqft less living space. Net adjustment: -$204,437.
Adjusted +$56,771 for 183 sqft more living space and -$53,200 for being older. Net adjustment: +$3,571.
The Neighborhood
This home is valued 46.3% above the G619T68H - Central Georgetown median of $459,857. With 817 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.2% over the past year.
G619T68H - Central Georgetown
above averageThis home is +46.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,717 across all districts. With a homestead exemption claimed, that drops to $9,033 — saving $1,684 per year. That's $753 per month a buyer should budget. The assessed value increased +6.9% vs the subdivision average of -0.2%. This above-average increase gives a protest opportunity score of 51 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $6,196 |
| Williamson County | County | 0.3694% | $2,179 |
| Georgetown | City | 0.3530% | $2,082 |
| Williamson County FM/Rd | County | 0.0443% | $261 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $10,717 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $710,998 would pay approximately $4,438 per month (principal and interest only, excluding taxes and insurance).