1216 FOREST ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $365,659 and $709,665, with a best estimate of $609,523. 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
$609,523
$572,193
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 $365,659 and $709,665. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$53,669 for 173 sqft less living space and -$2,533 for being older. Net adjustment: -$56,202.
Adjusted +$6,204 for 20 sqft more living space and +$58,266 for being newer. Net adjustment: +$64,470.
Adjusted -$341,246 for 1,100 sqft less living space and +$43,067 for being newer. Net adjustment: -$298,179.
Adjusted +$331,629 for 1,069 sqft more living space and +$38,000 for being newer. Net adjustment: +$369,629.
Adjusted +$264,621 for 853 sqft more living space and +$78,533 for being newer. Net adjustment: +$343,154.
The Neighborhood
This home is valued 24.4% 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 +24.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,399 across all districts. With a homestead exemption claimed, that drops to $8,721 — saving $1,678 per year. That's $727 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% | $6,011 |
| Williamson County | County | 0.3694% | $2,114 |
| Georgetown | City | 0.3530% | $2,020 |
| Williamson County FM/Rd | County | 0.0443% | $254 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $10,399 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $609,523 would pay approximately $3,805 per month (principal and interest only, excluding taxes and insurance).