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404 WALNUT ST S, GEORGETOWN, TX 78626

GEORGETOWN, 78626 — williamson County

2 bed1 bath1,606 sqftBuilt 1940

Property at a Glance

This home is estimated between $410,084 and $695,491, with a best estimate of $537,637. 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

$410,084 $695,491
Best Estimate
$537,637
WCAD Value
$551,732
Medium Confidence

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 $410,084 and $695,491. More comparables in the same subdivision would strengthen this estimate.

Comparable Properties (5)

301 WALNUT ST S, GEORGETOWN, TX 78626
0.07 mi 100% similar Same subdivision
2 bed 1 bath 1,863 sqft Built 1935
Raw Value $497,308
Adjusted Value $410,084

Adjusted -$84,246 for 257 sqft less living space and -$2,978 for being older. Net adjustment: -$87,224.

2 bed 1 bath 1,878 sqft Built 1950
Raw Value $560,224
Adjusted Value $477,017

Adjusted -$89,164 for 272 sqft less living space and +$5,957 for being newer. Net adjustment: -$83,207.

401 WALNUT ST, GEORGETOWN, TX 78626
0.03 mi 91% similar Same subdivision
2 bed 1 bath 1,136 sqft Built 1929
Raw Value $547,974
Adjusted Value $695,491

Adjusted +$154,069 for 470 sqft more living space and -$6,552 for being older. Net adjustment: +$147,517.

504 COLLEGE ST, GEORGETOWN, TX 78626
0.08 mi 87% similar Same subdivision
2 bed 1 bath 858 sqft Built 1920
Raw Value $304,350
Adjusted Value $537,637

Adjusted +$245,200 for 748 sqft more living space and -$11,913 for being older. Net adjustment: +$233,287.

2 bed 1 bath 1,276 sqft Built 1955
Raw Value $435,355
Adjusted Value $552,466

Adjusted +$108,176 for 330 sqft more living space and +$8,935 for being newer. Net adjustment: +$117,111.

The Neighborhood

This home is valued 34.7% 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 average
382 Properties
$409,550 Median Value
-18.5% YoY Change
5% Have Pool
11% Have Garage
This Home
$551,732
Median
$409,550

This home is +34.7% above the subdivision median.

Tax Analysis

The estimated annual property tax is $10,027 across all districts. With a homestead exemption claimed, that drops to $8,357 — saving $1,670 per year. That's $696 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

DistrictTypeRateAnnual Amount
Georgetown ISDSchool1.0506%$5,796
Williamson CountyCounty0.3694%$2,038
GeorgetownCity0.3530%$1,948
Williamson County FM/RdCounty0.0443%$245
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.8174%$10,027

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $537,637 would pay approximately $3,356 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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