408 WALNUT ST S, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $491,279 and $656,641, with a best estimate of $599,934. That places the property above the G619T68H - Central Georgetown median of $459,857, in a neighborhood that declined 0.2% over the past year.
Estimated Value Range
$599,934
$645,929
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G619T68H - Central Georgetown, this home's estimated market value is between $491,279 and $656,641. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$4,343 for 14 sqft less living space and +$7,600 for being newer. Net adjustment: +$3,257.
Adjusted -$18,303 for 59 sqft less living space and -$5,067 for being older. Net adjustment: -$23,370.
Adjusted -$251,591 for 811 sqft less living space and +$17,733 for being newer. Net adjustment: -$233,858.
Adjusted -$250,661 for 808 sqft less living space and +$20,267 for being newer. Net adjustment: -$230,394.
Adjusted +$62,045 for 200 sqft more living space and +$172,266 for being newer. Net adjustment: +$234,311.
The Neighborhood
This home is valued 40.5% above the G619T68H - Central Georgetown median of $459,857. With 817 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.2% over the past year.
G619T68H - Central Georgetown
above averageThis home is +40.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,739 across all districts. With a homestead exemption claimed, that drops to $10,035 — saving $1,704 per year. That's $836 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% | $6,786 |
| Williamson County | County | 0.3694% | $2,386 |
| Georgetown | City | 0.3530% | $2,280 |
| Williamson County FM/Rd | County | 0.0443% | $286 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $11,739 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $599,934 would pay approximately $3,745 per month (principal and interest only, excluding taxes and insurance).