501 ELM ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $523,731 and $829,325, with a best estimate of $634,749. That places the property above 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
$634,749
$636,890
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in G652H - Old Town Gtown Class H1 & H2. The estimated range of $523,731 and $829,325 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$36,714 for 112 sqft more living space and +$1,787 for being newer and +$114,024 for having a pool and +$93,832 for having a garage. Net adjustment: +$246,357.
Adjusted -$31,142 for 95 sqft less living space and -$596 for being older and +$114,024 for having a pool. Net adjustment: +$82,286.
Adjusted +$64,250 for 196 sqft more living space and -$9,531 for being older and +$114,024 for having a pool and +$93,832 for having a garage. Net adjustment: +$262,575.
Adjusted -$328 for 1 sqft less living space and -$20,848 for being older and +$114,024 for having a pool. Net adjustment: +$92,848.
Adjusted -$328 for 1 sqft less living space and -$20,848 for being older and +$114,024 for having a pool. Net adjustment: +$92,848.
The Neighborhood
This home is valued 55.5% above the G652H - Old Town Gtown Class H1 & H2 median of $409,550. With 382 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 18.5% over the past year.
G652H - Old Town Gtown Class H1 & H2
outlier highThis home is +55.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,575 across all districts. With a homestead exemption claimed, that drops to $9,874 — saving $1,701 per year. That's $823 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% | $6,691 |
| Williamson County | County | 0.3694% | $2,353 |
| Georgetown | City | 0.3530% | $2,248 |
| Williamson County FM/Rd | County | 0.0443% | $282 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $11,575 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $634,749 would pay approximately $3,962 per month (principal and interest only, excluding taxes and insurance).