602 W 8TH ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $401,537 and $509,450, with a best estimate of $469,946. That places the property above 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
$469,946
$365,154
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 $401,537 and $509,450. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$27,042 for 86 sqft more living space and -$3,329 for being older. Net adjustment: +$23,713.
Adjusted +$94,333 for 300 sqft more living space and -$5,326 for being older. Net adjustment: +$89,007.
Adjusted +$4,717 for 15 sqft more living space and -$6,658 for being older. Net adjustment: -$1,941.
Adjusted -$36,790 for 117 sqft less living space and -$3,329 for being older and -$25,048 for no garage. Net adjustment: -$65,167.
Adjusted +$160,366 for 510 sqft more living space. Net adjustment: +$160,366.
The Neighborhood
This home is valued 1.6% 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 +1.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,636 across all districts. With a homestead exemption claimed, that drops to $5,033 — saving $1,603 per year. That's $419 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% | $3,836 |
| Williamson County | County | 0.3694% | $1,349 |
| Georgetown | City | 0.3530% | $1,289 |
| Williamson County FM/Rd | County | 0.0443% | $162 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,636 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $469,946 would pay approximately $2,933 per month (principal and interest only, excluding taxes and insurance).