406 E 7TH ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $455,361 and $746,580, with a best estimate of $582,428. That places the property above 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
$582,428
$535,823
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $455,361 and $746,580. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$9,834 for 30 sqft more living space and -$5,957 for being older and +$93,832 for having a garage. Net adjustment: +$97,709.
Adjusted +$22,946 for 70 sqft more living space and +$93,832 for having a garage. Net adjustment: +$116,778.
Adjusted -$14,424 for 44 sqft less living space and +$5,957 for being newer and +$93,832 for having a garage. Net adjustment: +$85,365.
Adjusted +$9,506 for 29 sqft more living space and +$5,957 for being newer and +$93,832 for having a garage. Net adjustment: +$109,295.
Adjusted +$88,508 for 270 sqft more living space and +$2,978 for being newer and +$93,832 for having a garage. Net adjustment: +$185,318.
The Neighborhood
This home is valued 30.8% above the G652H - Old Town Gtown Class H1 & H2 median of $409,550. With 382 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 18.5% over the past year.
G652H - Old Town Gtown Class H1 & H2
above averageThis home is +30.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,738 across all districts. With a homestead exemption claimed, that drops to $8,074 — saving $1,664 per year. That's $673 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% | $5,629 |
| Williamson County | County | 0.3694% | $1,980 |
| Georgetown | City | 0.3530% | $1,891 |
| Williamson County FM/Rd | County | 0.0443% | $238 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $9,738 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $582,428 would pay approximately $3,635 per month (principal and interest only, excluding taxes and insurance).