503 E 5TH ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $314,135 and $440,716, with a best estimate of $361,122. That places the property below the G619T68H - Central Georgetown median of $459,857, in a neighborhood that declined 0.2% over the past year.
Estimated Value Range
$361,122
$303,152
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G619T68H - Central Georgetown, this home's estimated market value is between $314,135 and $440,716. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$6,825 for 22 sqft less living space. Net adjustment: -$6,825.
Adjusted -$10,237 for 33 sqft less living space and +$68,400 for being newer. Net adjustment: +$58,163.
Adjusted +$26,369 for 85 sqft more living space and +$12,667 for being newer. Net adjustment: +$39,036.
Adjusted -$37,537 for 121 sqft less living space and +$63,333 for being newer. Net adjustment: +$25,796.
Adjusted +$32,263 for 104 sqft more living space and +$25,333 for being newer. Net adjustment: +$57,596.
The Neighborhood
This home is valued 34.1% below the G619T68H - Central Georgetown median of $459,857. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.2% over the past year.
G619T68H - Central Georgetown
below averageThis home is -34.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,509 across all districts. With a homestead exemption claimed, that drops to $3,929 — saving $1,580 per year. That's $327 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% | $3,185 |
| Williamson County | County | 0.3694% | $1,120 |
| Georgetown | City | 0.3530% | $1,070 |
| Williamson County FM/Rd | County | 0.0443% | $134 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,509 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $361,122 would pay approximately $2,254 per month (principal and interest only, excluding taxes and insurance).