1010 MARTIN LUTHER KING ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $397,658 and $829,239, with a best estimate of $572,196. 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
$572,196
$505,366
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 $397,658 and $829,239. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$1,967 for 6 sqft less living space and +$9,531 for being newer. Net adjustment: +$7,564.
Adjusted +$112,110 for 342 sqft more living space and +$2,383 for being newer. Net adjustment: +$114,493.
Adjusted -$81,624 for 249 sqft less living space and +$12,509 for being newer. Net adjustment: -$69,115.
Adjusted +$98,014 for 299 sqft more living space and +$12,509 for being newer and -$93,832 for no garage. Net adjustment: +$16,691.
Adjusted +$111,454 for 340 sqft more living space and +$6,552 for being newer. Net adjustment: +$118,006.
The Neighborhood
This home is valued 23.4% 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 +23.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,184 across all districts. With a homestead exemption claimed, that drops to $7,531 — saving $1,653 per year. That's $628 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% | $5,309 |
| Williamson County | County | 0.3694% | $1,867 |
| Georgetown | City | 0.3530% | $1,784 |
| Williamson County FM/Rd | County | 0.0443% | $224 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $9,184 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $572,196 would pay approximately $3,572 per month (principal and interest only, excluding taxes and insurance).