508 W 2ND ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $334,574 and $386,600, with a best estimate of $365,963. 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
$365,963
$335,315
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 $334,574 and $386,600. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$30,187 for 96 sqft more living space and -$25,048 for no garage. Net adjustment: +$5,139.
Adjusted +$10,691 for 34 sqft more living space and -$18,642 for being older. Net adjustment: -$7,951.
Adjusted +$135,840 for 432 sqft more living space and +$3,329 for being newer. Net adjustment: +$139,169.
Adjusted +$52,827 for 168 sqft more living space and +$3,329 for being newer and -$25,048 for no garage. Net adjustment: +$31,108.
Adjusted +$45,280 for 144 sqft more living space and -$6,658 for being older. Net adjustment: +$38,622.
The Neighborhood
This home is valued 6.7% 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 -6.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,463 across all districts. With a homestead exemption claimed, that drops to $3,884 — saving $1,579 per year. That's $324 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% | $3,158 |
| Williamson County | County | 0.3694% | $1,111 |
| Georgetown | City | 0.3530% | $1,061 |
| Williamson County FM/Rd | County | 0.0443% | $133 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,463 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $365,963 would pay approximately $2,284 per month (principal and interest only, excluding taxes and insurance).