503 W 8TH ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $326,766 and $473,607, with a best estimate of $359,930. That places the property above the G601475I - South San Gabriel Urban Renewal median of $359,246, in a neighborhood that declined 11.5% over the past year.
Estimated Value Range
$359,930
$371,956
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in G601475I - South San Gabriel Urban Renewal. The estimated range of $326,766 and $473,607 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$23,898 for 76 sqft more living space and +$6,658 for being newer. Net adjustment: +$30,556.
Adjusted -$314 for 1 sqft less living space and -$1,997 for being older. Net adjustment: -$2,311.
Adjusted -$9,119 for 29 sqft less living space and +$6,658 for being newer. Net adjustment: -$2,461.
Adjusted +$3,773 for 12 sqft more living space and +$23,302 for being newer and -$25,048 for no garage. Net adjustment: +$2,027.
Adjusted -$102,509 for 326 sqft less living space and +$23,302 for being newer. Net adjustment: -$79,207.
The Neighborhood
This home is valued 3.5% above the G601475I - South San Gabriel Urban Renewal median of $359,246. With 176 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 11.5% over the past year.
G601475I - South San Gabriel Urban Renewal
typicalThis home is +3.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,760 across all districts. With a homestead exemption claimed, that drops to $5,155 — saving $1,605 per year. That's $430 per month a buyer should budget. The assessed value increased -5.3% vs the subdivision average of -11.5%. This above-average increase gives a protest opportunity score of 31 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $3,908 |
| Williamson County | County | 0.3694% | $1,374 |
| Georgetown | City | 0.3530% | $1,313 |
| Williamson County FM/Rd | County | 0.0443% | $165 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,760 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $359,930 would pay approximately $2,247 per month (principal and interest only, excluding taxes and insurance).