1607 S ELM ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $742,927 and $1,010,323, with a best estimate of $906,436. 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
$906,436
$514,447
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 $742,927 and $1,010,323. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$254,694 for 821 sqft more living space and +$7,600 for being newer. Net adjustment: +$262,294.
Adjusted +$174,966 for 564 sqft more living space and +$45,600 for being newer. Net adjustment: +$220,566.
Adjusted +$196,682 for 634 sqft more living space and +$45,600 for being newer. Net adjustment: +$242,282.
Adjusted +$414,459 for 1,336 sqft more living space and -$10,133 for being older. Net adjustment: +$404,326.
Adjusted +$228,325 for 736 sqft more living space and +$45,600 for being newer. Net adjustment: +$273,925.
The Neighborhood
This home is valued 11.9% 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 +11.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,349 across all districts. With a homestead exemption claimed, that drops to $7,693 — saving $1,656 per year. That's $641 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% | $5,405 |
| Williamson County | County | 0.3694% | $1,901 |
| Georgetown | City | 0.3530% | $1,816 |
| Williamson County FM/Rd | County | 0.0443% | $228 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $9,349 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $906,436 would pay approximately $5,658 per month (principal and interest only, excluding taxes and insurance).