603 W 8TH ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $326,425 and $395,178, with a best estimate of $352,781. 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
$352,781
$329,077
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $326,425 and $395,178. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$37,104 for 118 sqft more living space and -$4,660 for being older. Net adjustment: +$32,444.
Adjusted +$24,212 for 77 sqft more living space and +$8,655 for being newer. Net adjustment: +$32,867.
Adjusted -$95,277 for 303 sqft less living space and -$1,332 for being older. Net adjustment: -$96,609.
Adjusted -$31,759 for 101 sqft less living space and +$25,300 for being newer. Net adjustment: -$6,459.
Adjusted -$80,183 for 255 sqft less living space and +$25,300 for being newer. Net adjustment: -$54,883.
The Neighborhood
This home is valued 8.4% below the G601475I - South San Gabriel Urban Renewal median of $359,246. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 11.5% over the past year.
G601475I - South San Gabriel Urban Renewal
typicalThis home is -8.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,981 across all districts. With a homestead exemption claimed, that drops to $4,391 — saving $1,590 per year. That's $366 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% | $3,457 |
| Williamson County | County | 0.3694% | $1,216 |
| Georgetown | City | 0.3530% | $1,162 |
| Williamson County FM/Rd | County | 0.0443% | $146 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,981 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $352,781 would pay approximately $2,202 per month (principal and interest only, excluding taxes and insurance).