1502 TIMBER ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $187,771 and $3,743,619, with a best estimate of $471,399. 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
$471,399
$497,090
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in G619T68H - Central Georgetown. The estimated range of $187,771 and $3,743,619 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$192,339 for 620 sqft more living space and +$55,733 for being newer. Net adjustment: +$248,072.
Adjusted +$295,333 for 952 sqft more living space and +$43,067 for being newer. Net adjustment: +$338,400.
Adjusted +$177,758 for 573 sqft more living space and -$65,866 for being older. Net adjustment: +$111,892.
Adjusted +$5,274 for 17 sqft more living space and -$91,200 for being older. Net adjustment: -$85,926.
Adjusted -$100,823 for 325 sqft less living space and -$70,933 for being older. Net adjustment: -$171,756.
The Neighborhood
This home is valued 8.1% 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
typicalThis home is +8.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,034 across all districts. With a homestead exemption claimed, that drops to $7,384 — saving $1,650 per year. That's $615 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% | $5,222 |
| Williamson County | County | 0.3694% | $1,836 |
| Georgetown | City | 0.3530% | $1,755 |
| Williamson County FM/Rd | County | 0.0443% | $220 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $9,034 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $471,399 would pay approximately $2,942 per month (principal and interest only, excluding taxes and insurance).