1005 ELMWOOD DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $193,189 and $413,545, with a best estimate of $196,363. That places the property below the G760500D - Georgetown Village - Shell Ranch R3 median of $390,860, in a neighborhood that declined 1.7% over the past year.
Estimated Value Range
$196,363
$391,280
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G760500D - Georgetown Village - Shell Ranch R3, this home's estimated market value is between $193,189 and $413,545. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$132 for being older. Net adjustment: -$132.
Adjusted -$68,577 for 317 sqft less living space and -$662 for being older. Net adjustment: -$69,239.
Adjusted -$155,109 for 717 sqft less living space and -$132 for being older. Net adjustment: -$155,241.
Adjusted -$157,922 for 730 sqft less living space and -$132 for being older. Net adjustment: -$158,054.
Adjusted -$159,652 for 738 sqft less living space and -$132 for being older. Net adjustment: -$159,784.
The Neighborhood
This home is in line with the G760500D - Georgetown Village - Shell Ranch R3 median of $390,860. Note that values in this subdivision declined 1.7% over the past year.
G760500D - Georgetown Village - Shell Ranch R3
typicalThis home is +0.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,581 across all districts. With a homestead exemption claimed, that drops to $5,968 — saving $1,613 per year. That's $497 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% | $4,111 |
| Williamson County | County | 0.3694% | $1,446 |
| Georgetown | City | 0.3530% | $1,381 |
| Georgetown Village PID | pid | 0.1200% | $470 |
| Williamson County FM/Rd | County | 0.0443% | $173 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9374% | $7,581 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $196,363 would pay approximately $1,226 per month (principal and interest only, excluding taxes and insurance).