515 W 8TH ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $296,210 and $414,939, with a best estimate of $362,310. That places the property above the G601475I - South San Gabriel Urban Renewal median of $359,246, in a neighborhood that declined 11.5% over the past year.
Estimated Value Range
$362,310
$322,697
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $296,210 and $414,939. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$23,898 for 76 sqft less living space and -$6,658 for being older. Net adjustment: -$30,556.
Adjusted -$24,212 for 77 sqft less living space and -$8,655 for being older. Net adjustment: -$32,867.
Adjusted +$12,892 for 41 sqft more living space and -$13,316 for being older. Net adjustment: -$424.
Adjusted -$33,017 for 105 sqft less living space. Net adjustment: -$33,017.
Adjusted +$55,342 for 176 sqft more living space and +$12,650 for being newer. Net adjustment: +$67,992.
The Neighborhood
This home is valued 10.2% below the G601475I - South San Gabriel Urban Renewal median of $359,246. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 11.5% over the past year.
G601475I - South San Gabriel Urban Renewal
typicalThis home is -10.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,865 across all districts. With a homestead exemption claimed, that drops to $4,277 — saving $1,588 per year. That's $356 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% | $3,390 |
| Williamson County | County | 0.3694% | $1,192 |
| Georgetown | City | 0.3530% | $1,139 |
| Williamson County FM/Rd | County | 0.0443% | $143 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,865 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $362,310 would pay approximately $2,262 per month (principal and interest only, excluding taxes and insurance).