1508 FOREST ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $191,349 and $535,075, with a best estimate of $366,511. 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
$366,511
$312,342
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 $191,349 and $535,075. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$67,008 for 216 sqft more living space and -$40,533 for being older. Net adjustment: +$26,475.
Adjusted -$13,340 for 43 sqft less living space and +$58,266 for being newer. Net adjustment: +$44,926.
Adjusted -$258,416 for 833 sqft less living space and -$20,267 for being older. Net adjustment: -$278,683.
Adjusted +$7,445 for 24 sqft more living space and +$38,000 for being newer. Net adjustment: +$45,445.
Adjusted -$45,600 for being older and -$46,056 for no pool. Net adjustment: -$91,656.
The Neighborhood
This home is valued 32.1% below the G619T68H - Central Georgetown median of $459,857. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.2% over the past year.
G619T68H - Central Georgetown
below averageThis home is -32.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,676 across all districts. With a homestead exemption claimed, that drops to $4,093 — saving $1,583 per year. That's $341 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% | $3,281 |
| Williamson County | County | 0.3694% | $1,154 |
| Georgetown | City | 0.3530% | $1,103 |
| Williamson County FM/Rd | County | 0.0443% | $138 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,676 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $366,511 would pay approximately $2,288 per month (principal and interest only, excluding taxes and insurance).