502 CHURCH ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $283,296 and $639,519, with a best estimate of $320,588. That places the property below the G652H - Old Town Gtown Class H1 & H2 median of $409,550, in a neighborhood that declined 18.5% over the past year.
Estimated Value Range
$320,588
$342,371
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G652H - Old Town Gtown Class H1 & H2, this home's estimated market value is between $283,296 and $639,519. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$78,674 for 240 sqft less living space and -$2,978 for being older. Net adjustment: -$81,652.
Adjusted +$79,985 for 244 sqft more living space and -$5,957 for being older. Net adjustment: +$74,028.
Adjusted -$24,913 for 76 sqft less living space and -$11,913 for being older and -$114,024 for no pool. Net adjustment: -$150,850.
Adjusted -$38,353 for 117 sqft less living space. Net adjustment: -$38,353.
Adjusted -$146,202 for 446 sqft less living space and -$2,978 for being older. Net adjustment: -$149,180.
The Neighborhood
This home is valued 16.4% below the G652H - Old Town Gtown Class H1 & H2 median of $409,550. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 18.5% over the past year.
G652H - Old Town Gtown Class H1 & H2
below averageThis home is -16.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,222 across all districts. With a homestead exemption claimed, that drops to $4,628 — saving $1,594 per year. That's $386 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% | $3,597 |
| Williamson County | County | 0.3694% | $1,265 |
| Georgetown | City | 0.3530% | $1,209 |
| Williamson County FM/Rd | County | 0.0443% | $152 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,222 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $320,588 would pay approximately $2,001 per month (principal and interest only, excluding taxes and insurance).