901 ELMWOOD DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $296,826 and $356,442, with a best estimate of $343,539. That places the property below 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
$343,539
$460,534
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 $296,826 and $356,442. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$85,018 for 393 sqft less living space. Net adjustment: -$85,018.
Adjusted -$85,018 for 393 sqft less living space. Net adjustment: -$85,018.
Adjusted -$28,339 for 131 sqft less living space and -$132 for being older. Net adjustment: -$28,471.
Adjusted -$9,302 for 43 sqft less living space and -$132 for being older. Net adjustment: -$9,434.
Adjusted -$7,572 for 35 sqft less living space and +$132 for being newer. Net adjustment: -$7,440.
The Neighborhood
This home is valued 17.8% above the G760500D - Georgetown Village - Shell Ranch R3 median of $390,860. With 480 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.7% over the past year.
G760500D - Georgetown Village - Shell Ranch R3
above averageThis home is +17.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,922 across all districts. With a homestead exemption claimed, that drops to $7,285 — saving $1,637 per year. That's $607 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% | $4,838 |
| Williamson County | County | 0.3694% | $1,701 |
| Georgetown | City | 0.3530% | $1,626 |
| Georgetown Village PID | pid | 0.1200% | $553 |
| Williamson County FM/Rd | County | 0.0443% | $204 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9374% | $8,922 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $343,539 would pay approximately $2,144 per month (principal and interest only, excluding taxes and insurance).