508 E 7TH ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $299,718 and $455,750, with a best estimate of $393,021. That places the property below the G653H - Old Town Gtown Class H3 median of $809,018, in a neighborhood that appreciated 1.2% over the past year.
Estimated Value Range
$393,021
$742,059
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in G653H - Old Town Gtown Class H3. The estimated range of $299,718 and $455,750 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$11,543 for 26 sqft less living space and +$12,939 for being newer. Net adjustment: +$1,396.
Adjusted +$23,085 for 52 sqft more living space and +$4,313 for being newer. Net adjustment: +$27,398.
Adjusted -$130,076 for 293 sqft less living space and -$4,313 for being older. Net adjustment: -$134,389.
Adjusted -$7,103 for 16 sqft less living space and -$4,313 for being older. Net adjustment: -$11,416.
Adjusted -$142,951 for 322 sqft less living space and -$12,939 for being older. Net adjustment: -$155,890.
The Neighborhood
This home is valued 8.3% below the G653H - Old Town Gtown Class H3 median of $809,018. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 1.2% over the past year.
G653H - Old Town Gtown Class H3
typicalThis home is -8.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $13,101 across all districts. With a homestead exemption claimed, that drops to $11,370 — saving $1,731 per year. That's $948 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% | $7,574 |
| Williamson County | County | 0.3694% | $2,663 |
| Georgetown | City | 0.3530% | $2,545 |
| Williamson County FM/Rd | County | 0.0443% | $320 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $13,101 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $393,021 would pay approximately $2,453 per month (principal and interest only, excluding taxes and insurance).