1505 LAUREL ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $559,088 and $663,001, with a best estimate of $584,992. 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
$584,992
$615,912
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 $559,088 and $663,001. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$99,272 for 320 sqft more living space. Net adjustment: +$99,272.
Adjusted +$104,856 for 338 sqft more living space and +$15,200 for being newer and -$46,056 for no pool. Net adjustment: +$74,000.
Adjusted +$96,480 for 311 sqft more living space and -$25,333 for being older. Net adjustment: +$71,147.
Adjusted -$620 for 2 sqft less living space. Net adjustment: -$620.
Adjusted -$19,854 for 64 sqft less living space and -$25,333 for being older. Net adjustment: -$45,187.
The Neighborhood
This home is valued 33.9% 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
above averageThis home is +33.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,058 across all districts. With a homestead exemption claimed, that drops to $8,388 — saving $1,670 per year. That's $699 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% | $5,815 |
| Williamson County | County | 0.3694% | $2,045 |
| Georgetown | City | 0.3530% | $1,954 |
| Williamson County FM/Rd | County | 0.0443% | $245 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $10,058 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $584,992 would pay approximately $3,652 per month (principal and interest only, excluding taxes and insurance).