1218 TIMBER ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $684,247 and $946,932, with a best estimate of $921,399. 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
$921,399
$789,924
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 $684,247 and $946,932. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$89,344 for 288 sqft more living space and +$12,667 for being newer. Net adjustment: +$102,011.
Adjusted +$319,841 for 1,031 sqft more living space. Net adjustment: +$319,841.
Adjusted +$148,287 for 478 sqft more living space and +$10,133 for being newer and -$46,056 for no pool. Net adjustment: +$112,364.
Adjusted +$328,217 for 1,058 sqft more living space. Net adjustment: +$328,217.
Adjusted +$329,147 for 1,061 sqft more living space and +$2,533 for being newer. Net adjustment: +$331,680.
The Neighborhood
This home is valued 71.8% 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
outlier highThis home is +71.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,356 across all districts. With a homestead exemption claimed, that drops to $12,600 — saving $1,756 per year. That's $1,050 per month a buyer should budget. The assessed value increased +6.5% vs the subdivision average of -0.2%. This above-average increase gives a protest opportunity score of 49 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $8,299 |
| Williamson County | County | 0.3694% | $2,918 |
| Georgetown | City | 0.3530% | $2,788 |
| Williamson County FM/Rd | County | 0.0443% | $350 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $14,356 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $921,399 would pay approximately $5,751 per month (principal and interest only, excluding taxes and insurance).