1120 E 8TH ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $405,135 and $584,103, with a best estimate of $451,061. That places the property below the G619T68H - Central Georgetown median of $459,857, in a neighborhood that declined 0.2% over the past year.
Estimated Value Range
$451,061
$496,520
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 $405,135 and $584,103. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$22,336 for 72 sqft more living space and +$40,533 for being newer. Net adjustment: +$62,869.
Adjusted -$115,403 for 372 sqft less living space and +$40,533 for being newer. Net adjustment: -$74,870.
Adjusted -$187,685 for 605 sqft less living space and +$40,533 for being newer. Net adjustment: -$147,152.
Adjusted +$68,870 for 222 sqft more living space and +$40,533 for being newer. Net adjustment: +$109,403.
Adjusted -$86,242 for 278 sqft less living space and -$70,933 for being older. Net adjustment: -$157,175.
The Neighborhood
This home is valued 8.0% 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
typicalThis home is +8.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,543 across all districts. With a homestead exemption claimed, that drops to $6,903 — saving $1,640 per year. That's $575 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% | $4,939 |
| Williamson County | County | 0.3694% | $1,737 |
| Georgetown | City | 0.3530% | $1,659 |
| Williamson County FM/Rd | County | 0.0443% | $208 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $8,543 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $451,061 would pay approximately $2,816 per month (principal and interest only, excluding taxes and insurance).