1307 OLIVE ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $644,657 and $1,470,274, with a best estimate of $749,441. That places the property below the G656H - Old Town Gtown Class H4 & H5 median of $1,145,645, in a neighborhood that declined 11.4% over the past year.
Estimated Value Range
$749,441
$1,048,564
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in G656H - Old Town Gtown Class H4 & H5. The estimated range of $644,657 and $1,470,274 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$96,040 for 171 sqft more living space and -$20,075 for being older and +$137,181 for having a pool. Net adjustment: +$213,146.
Adjusted +$3,370 for 6 sqft more living space and -$20,075 for being older and +$137,181 for having a pool. Net adjustment: +$120,476.
Adjusted -$224,656 for 400 sqft less living space and +$56,209 for being newer. Net adjustment: -$168,447.
Adjusted -$365,627 for 651 sqft less living space and -$88,328 for being older and +$137,181 for having a pool. Net adjustment: -$316,774.
Adjusted +$1,123 for 2 sqft more living space and +$60,224 for being newer and +$137,181 for having a pool. Net adjustment: +$198,528.
The Neighborhood
This home is valued 8.5% below the G656H - Old Town Gtown Class H4 & H5 median of $1,145,645. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 11.4% over the past year.
G656H - Old Town Gtown Class H4 & H5
typicalThis home is -8.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $15,655 across all districts. With a homestead exemption claimed, that drops to $13,873 — saving $1,782 per year. That's $1,156 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% | $9,050 |
| Williamson County | County | 0.3694% | $3,183 |
| Georgetown | City | 0.3530% | $3,041 |
| Williamson County FM/Rd | County | 0.0443% | $382 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $15,655 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $749,441 would pay approximately $4,678 per month (principal and interest only, excluding taxes and insurance).