1407 TIMBER ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $320,377 and $435,453, with a best estimate of $367,679. That places the property below the G652H - Old Town Gtown Class H1 & H2 median of $409,550, in a neighborhood that declined 18.5% over the past year.
Estimated Value Range
$367,679
$344,737
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G652H - Old Town Gtown Class H1 & H2, this home's estimated market value is between $320,377 and $435,453. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$24,586 for 75 sqft less living space and -$5,957 for being older. Net adjustment: -$30,543.
Adjusted +$76,379 for 233 sqft more living space and +$2,978 for being newer. Net adjustment: +$79,357.
Adjusted +$27,208 for 83 sqft more living space and +$2,978 for being newer. Net adjustment: +$30,186.
Adjusted +$39,992 for 122 sqft more living space. Net adjustment: +$39,992.
Adjusted +$55,399 for 169 sqft more living space and -$5,957 for being older. Net adjustment: +$49,442.
The Neighborhood
This home is valued 15.8% below the G652H - Old Town Gtown Class H1 & H2 median of $409,550. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 18.5% over the past year.
G652H - Old Town Gtown Class H1 & H2
below averageThis home is -15.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,265 across all districts. With a homestead exemption claimed, that drops to $4,670 — saving $1,595 per year. That's $389 per month a buyer should budget. The assessed value increased -6.0% vs the subdivision average of -18.5%. This above-average increase gives a protest opportunity score of 50 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $3,622 |
| Williamson County | County | 0.3694% | $1,274 |
| Georgetown | City | 0.3530% | $1,217 |
| Williamson County FM/Rd | County | 0.0443% | $153 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,265 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $367,679 would pay approximately $2,295 per month (principal and interest only, excluding taxes and insurance).