505 WEST ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $291,135 and $416,812, with a best estimate of $351,277. That places the property below 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
$351,277
$362,255
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 $291,135 and $416,812. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$25,156 for 80 sqft more living space and -$19,974 for being older. Net adjustment: +$5,182.
Adjusted +$20,124 for 64 sqft more living space and -$19,974 for being older. Net adjustment: +$150.
Adjusted -$13,207 for 42 sqft less living space and -$19,974 for being older. Net adjustment: -$33,181.
Adjusted +$10,691 for 34 sqft more living space and -$19,974 for being older. Net adjustment: -$9,283.
Adjusted -$8,176 for 26 sqft less living space and -$15,313 for being older. Net adjustment: -$23,489.
The Neighborhood
This home is in line with the G601475I - South San Gabriel Urban Renewal median of $359,246. Note that values in this subdivision declined 11.5% over the past year.
G601475I - South San Gabriel Urban Renewal
typicalThis home is +0.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,584 across all districts. With a homestead exemption claimed, that drops to $4,982 — saving $1,602 per year. That's $415 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% | $3,806 |
| Williamson County | County | 0.3694% | $1,338 |
| Georgetown | City | 0.3530% | $1,279 |
| Williamson County FM/Rd | County | 0.0443% | $161 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,584 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $351,277 would pay approximately $2,193 per month (principal and interest only, excluding taxes and insurance).