520 OTTO AVE, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $322,504 and $389,364, with a best estimate of $367,324. That places the property above the G570318C - FAIRHAVEN median of $361,924, in a neighborhood that declined 5.7% over the past year.
Estimated Value Range
$367,324
$377,739
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G570318C - FAIRHAVEN, this home's estimated market value is between $322,504 and $389,364. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$21,102 for 102 sqft less living space. Net adjustment: -$21,102.
Adjusted +$24,619 for 119 sqft more living space. Net adjustment: +$24,619.
Adjusted -$21,102 for 102 sqft less living space. Net adjustment: -$21,102.
Adjusted -$39,514 for 191 sqft less living space. Net adjustment: -$39,514.
This comparable closely matches the subject property's features.
The Neighborhood
This home is valued 4.4% above the G570318C - FAIRHAVEN median of $361,924. With 731 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.7% over the past year.
G570318C - FAIRHAVEN
typicalThis home is +4.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,627 across all districts. With a homestead exemption claimed, that drops to $7,020 — saving $1,607 per year. That's $585 per month a buyer should budget. The assessed value increased +8.7% vs the subdivision average of -5.7%. This above-average increase gives a protest opportunity score of 65 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $3,969 |
| SE Williamson County MUD #1 | MUD | 0.4665% | $1,762 |
| Williamson County | County | 0.3694% | $1,396 |
| Georgetown | City | 0.3530% | $1,333 |
| Williamson County FM/Rd | County | 0.0443% | $167 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.2839% | $8,627 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $367,324 would pay approximately $2,293 per month (principal and interest only, excluding taxes and insurance).