609 OTTO AVE, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $281,588 and $339,772, with a best estimate of $291,214. That places the property below the G570318C - FAIRHAVEN median of $361,924, in a neighborhood that declined 5.7% over the past year.
Estimated Value Range
$291,214
$396,964
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 $281,588 and $339,772. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$70,960 for 343 sqft less living space. Net adjustment: -$70,960.
Adjusted -$76,960 for 372 sqft less living space. Net adjustment: -$76,960.
Adjusted -$46,548 for 225 sqft less living space. Net adjustment: -$46,548.
Adjusted -$83,787 for 405 sqft less living space and +$1,171 for being newer. Net adjustment: -$82,616.
Adjusted +$31,860 for 154 sqft more living space and +$1,171 for being newer. Net adjustment: +$33,031.
The Neighborhood
This home is valued 9.7% 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 +9.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,066 across all districts. With a homestead exemption claimed, that drops to $7,452 — saving $1,614 per year. That's $621 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% | $4,171 |
| SE Williamson County MUD #1 | MUD | 0.4665% | $1,852 |
| Williamson County | County | 0.3694% | $1,467 |
| Georgetown | City | 0.3530% | $1,401 |
| Williamson County FM/Rd | County | 0.0443% | $176 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.2839% | $9,066 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $291,214 would pay approximately $1,818 per month (principal and interest only, excluding taxes and insurance).