515 E 8TH ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $368,471 and $634,184, with a best estimate of $572,130. 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
$572,130
$621,376
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G652H - Old Town Gtown Class H1 & H2, this home's estimated market value is between $368,471 and $634,184. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$153,414 for 468 sqft more living space and -$5,957 for being older and -$114,024 for no pool and -$93,832 for no garage. Net adjustment: -$60,399.
Adjusted -$13,112 for 40 sqft less living space. Net adjustment: -$13,112.
Adjusted +$130,139 for 397 sqft more living space and -$93,832 for no garage. Net adjustment: +$36,307.
Adjusted +$104,898 for 320 sqft more living space and -$11,913 for being older. Net adjustment: +$92,985.
Adjusted +$139,974 for 427 sqft more living space and -$5,957 for being older. Net adjustment: +$134,017.
The Neighborhood
This home is valued 51.7% 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 +51.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,293 across all districts. With a homestead exemption claimed, that drops to $9,597 — saving $1,696 per year. That's $800 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% | $6,528 |
| Williamson County | County | 0.3694% | $2,296 |
| Georgetown | City | 0.3530% | $2,193 |
| Williamson County FM/Rd | County | 0.0443% | $275 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $11,293 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $572,130 would pay approximately $3,571 per month (principal and interest only, excluding taxes and insurance).