902 ELMWOOD DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $428,557 and $564,032, with a best estimate of $438,521. That places the property above the G760500D - Georgetown Village - Shell Ranch R3 median of $390,860, in a neighborhood that declined 1.7% over the past year.
Estimated Value Range
$438,521
$383,068
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G760500D - Georgetown Village - Shell Ranch R3, this home's estimated market value is between $428,557 and $564,032. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$85,018 for 393 sqft more living space. Net adjustment: +$85,018.
Adjusted +$75,716 for 350 sqft more living space and -$132 for being older. Net adjustment: +$75,584.
Adjusted +$77,447 for 358 sqft more living space and +$132 for being newer. Net adjustment: +$77,579.
Adjusted +$62,520 for 289 sqft more living space and +$132 for being newer. Net adjustment: +$62,652.
Adjusted +$119,631 for 553 sqft more living space and +$132 for being newer. Net adjustment: +$119,763.
The Neighborhood
This home is valued 2.0% below the G760500D - Georgetown Village - Shell Ranch R3 median of $390,860. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.7% over the past year.
G760500D - Georgetown Village - Shell Ranch R3
typicalThis home is -2.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,421 across all districts. With a homestead exemption claimed, that drops to $5,812 — saving $1,609 per year. That's $484 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% | $4,025 |
| Williamson County | County | 0.3694% | $1,415 |
| Georgetown | City | 0.3530% | $1,352 |
| Georgetown Village PID | pid | 0.1200% | $460 |
| Williamson County FM/Rd | County | 0.0443% | $170 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9374% | $7,421 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $438,521 would pay approximately $2,737 per month (principal and interest only, excluding taxes and insurance).