304 MARTIN LUTHER KING ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $376,457 and $705,660, with a best estimate of $578,010. 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
$578,010
$546,386
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in G619T68H - Central Georgetown. The estimated range of $376,457 and $705,660 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$91,516 for 295 sqft less living space and -$17,733 for being older. Net adjustment: -$109,249.
Adjusted +$106,096 for 342 sqft more living space and -$12,667 for being older. Net adjustment: +$93,429.
Adjusted -$4,343 for 14 sqft less living space and +$108,933 for being newer. Net adjustment: +$104,590.
Adjusted -$23,577 for 76 sqft less living space and +$93,733 for being newer. Net adjustment: +$70,156.
Adjusted -$21,095 for 68 sqft less living space and +$73,466 for being newer. Net adjustment: +$52,371.
The Neighborhood
This home is valued 18.8% 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 +18.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,207 across all districts. With a homestead exemption claimed, that drops to $6,573 — saving $1,634 per year. That's $548 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% | $4,744 |
| Williamson County | County | 0.3694% | $1,668 |
| Georgetown | City | 0.3530% | $1,594 |
| Williamson County FM/Rd | County | 0.0443% | $200 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $8,207 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $578,010 would pay approximately $3,608 per month (principal and interest only, excluding taxes and insurance).