502 WALNUT ST S, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $462,492 and $720,633, with a best estimate of $564,733. That places the property below the G653H - Old Town Gtown Class H3 median of $809,018, in a neighborhood that appreciated 1.2% over the past year.
Estimated Value Range
$564,733
$639,503
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $462,492 and $720,633. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$66,148 for 149 sqft less living space and -$10,352 for being older. Net adjustment: -$76,500.
Adjusted -$200,220 for 451 sqft less living space and +$12,939 for being newer. Net adjustment: -$187,281.
Adjusted -$479,905 for 1,081 sqft less living space and +$12,939 for being newer. Net adjustment: -$466,966.
Adjusted -$52,386 for 118 sqft less living space and +$25,879 for being newer. Net adjustment: -$26,507.
Adjusted +$156,269 for 352 sqft more living space and +$16,390 for being newer. Net adjustment: +$172,659.
The Neighborhood
This home is valued 21.0% below the G653H - Old Town Gtown Class H3 median of $809,018. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 1.2% over the past year.
G653H - Old Town Gtown Class H3
below averageThis home is -21.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,506 across all districts. With a homestead exemption claimed, that drops to $6,866 — saving $1,640 per year. That's $572 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% | $4,917 |
| Williamson County | County | 0.3694% | $1,729 |
| Georgetown | City | 0.3530% | $1,652 |
| Williamson County FM/Rd | County | 0.0443% | $207 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $8,506 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $564,733 would pay approximately $3,525 per month (principal and interest only, excluding taxes and insurance).