507 E 7TH ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $385,177 and $595,934, with a best estimate of $434,423. 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
$434,423
$591,106
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G652H - Old Town Gtown Class H1 & H2, this home's estimated market value is between $385,177 and $595,934. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$105,882 for 323 sqft less living space and +$11,913 for being newer. Net adjustment: -$93,969.
Adjusted -$57,366 for 175 sqft less living space and +$17,870 for being newer and -$114,024 for no pool and -$93,832 for no garage. Net adjustment: -$247,352.
Adjusted -$80,641 for 246 sqft less living space and +$23,827 for being newer and -$93,832 for no garage. Net adjustment: -$150,646.
Adjusted -$210,780 for 643 sqft less living space and +$23,827 for being newer. Net adjustment: -$186,953.
Adjusted +$7,867 for 24 sqft more living space and +$26,805 for being newer. Net adjustment: +$34,672.
The Neighborhood
This home is valued 44.3% 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 averageThis home is +44.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,743 across all districts. With a homestead exemption claimed, that drops to $9,058 — saving $1,685 per year. That's $755 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% | $6,210 |
| Williamson County | County | 0.3694% | $2,184 |
| Georgetown | City | 0.3530% | $2,087 |
| Williamson County FM/Rd | County | 0.0443% | $262 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $10,743 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $434,423 would pay approximately $2,712 per month (principal and interest only, excluding taxes and insurance).