606 MARTIN LUTHER KING ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $263,558 and $327,949, with a best estimate of $275,793. That places the property below 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
$275,793
$369,837
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G601475I - South San Gabriel Urban Renewal, this home's estimated market value is between $263,558 and $327,949. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$16,666 for 53 sqft less living space. Net adjustment: -$16,666.
Adjusted +$21,068 for 67 sqft more living space and -$1,997 for being older. Net adjustment: +$19,071.
Adjusted -$26,728 for 85 sqft less living space. Net adjustment: -$26,728.
Adjusted -$78,297 for 249 sqft less living space. Net adjustment: -$78,297.
Adjusted -$94,648 for 301 sqft less living space. Net adjustment: -$94,648.
The Neighborhood
This home is valued 2.9% 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 +2.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,721 across all districts. With a homestead exemption claimed, that drops to $5,117 — saving $1,604 per year. That's $426 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% | $3,886 |
| Williamson County | County | 0.3694% | $1,366 |
| Georgetown | City | 0.3530% | $1,306 |
| Williamson County FM/Rd | County | 0.0443% | $164 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,721 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $275,793 would pay approximately $1,721 per month (principal and interest only, excluding taxes and insurance).