1507 TIMBER ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $341,339 and $718,293, with a best estimate of $441,480. That places the property below the G619T68H - Central Georgetown median of $459,857, in a neighborhood that declined 0.2% over the past year.
Estimated Value Range
$441,480
$380,888
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 $341,339 and $718,293. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$49,636 for 160 sqft more living space and +$25,333 for being newer. Net adjustment: +$74,969.
Adjusted -$208,781 for 673 sqft less living space and +$5,067 for being newer. Net adjustment: -$203,714.
Adjusted +$116,644 for 376 sqft more living space and -$15,200 for being older. Net adjustment: +$101,444.
Adjusted +$36,296 for 117 sqft more living space and +$83,600 for being newer. Net adjustment: +$119,896.
Adjusted +$96,790 for 312 sqft more living space and -$58,266 for being older. Net adjustment: +$38,524.
The Neighborhood
This home is valued 17.2% below the G619T68H - Central Georgetown median of $459,857. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.2% over the past year.
G619T68H - Central Georgetown
below averageThis home is -17.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,204 across all districts. With a homestead exemption claimed, that drops to $2,649 — saving $1,555 per year. That's $221 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% | $2,430 |
| Williamson County | County | 0.3694% | $855 |
| Georgetown | City | 0.3530% | $817 |
| Williamson County FM/Rd | County | 0.0443% | $103 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $4,204 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $441,480 would pay approximately $2,756 per month (principal and interest only, excluding taxes and insurance).