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405 WALNUT ST S, GEORGETOWN, TX 78626

GEORGETOWN, 78626 — williamson County

3 bed1 bath2,569 sqftBuilt 1925

Property at a Glance

This home is estimated between $879,269 and $1,118,688, with a best estimate of $1,096,121. That places the property above 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

$879,269 $1,118,688
Best Estimate
$1,096,121
WCAD Value
$929,458
Medium Confidence

Based on 5 comparable properties(4 in the same subdivision)

Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $879,269 and $1,118,688. More comparables in the same subdivision would strengthen this estimate.

Comparable Properties (5)

508 WALNUT ST, GEORGETOWN, TX 78626
0.07 mi 97% similar Same subdivision
3 bed 2 bath 1,939 sqft Built 1925
Raw Value $839,002
Adjusted Value $1,118,688

Adjusted +$279,686 for 630 sqft more living space. Net adjustment: +$279,686.

309 WALNUT ST, GEORGETOWN, TX 78626
0.05 mi 89% similar Same subdivision
3 bed 1 bath 1,637 sqft Built 1898
Raw Value $641,233
Adjusted Value $1,031,700

Adjusted +$413,758 for 932 sqft more living space and -$23,291 for being older. Net adjustment: +$390,467.

502 WALNUT ST S, GEORGETOWN, TX 78626
0.05 mi 87% similar Same subdivision
2 bed 1 bath 1,488 sqft Built 1910
Raw Value $639,503
Adjusted Value $1,106,469

Adjusted +$479,905 for 1,081 sqft more living space and -$12,939 for being older. Net adjustment: +$466,966.

302 WALNUT ST, GEORGETOWN, TX 78626
0.08 mi 83% similar Same subdivision
2 bed 1 bath 1,478 sqft Built 1905
Raw Value $629,029
Adjusted Value $1,096,121

Adjusted +$484,345 for 1,091 sqft more living space and -$17,253 for being older. Net adjustment: +$467,092.

3 bed 2 bath 1,850 sqft Built 1912
Raw Value $571,286
Adjusted Value $879,269

Adjusted +$319,197 for 719 sqft more living space and -$11,214 for being older. Net adjustment: +$307,983.

The Neighborhood

This home is valued 14.9% above the G653H - Old Town Gtown Class H3 median of $809,018. With 127 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 1.2% over the past year.

G653H - Old Town Gtown Class H3

typical
127 Properties
$809,018 Median Value
+1.2% YoY Change
9% Have Pool
15% Have Garage
This Home
$929,458
Median
$809,018

This home is +14.9% above the subdivision median.

Tax Analysis

The estimated annual property tax is $15,606 across all districts. With a homestead exemption claimed, that drops to $13,825 — saving $1,781 per year. That's $1,152 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

DistrictTypeRateAnnual Amount
Georgetown ISDSchool1.0506%$9,022
Williamson CountyCounty0.3694%$3,172
GeorgetownCity0.3530%$3,031
Williamson County FM/RdCounty0.0443%$381
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.8174%$15,606

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $1,096,121 would pay approximately $6,842 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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