302 W 16TH ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $181,920 and $358,482, with a best estimate of $305,188. 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
$305,188
$289,675
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in G619T68H - Central Georgetown. The estimated range of $181,920 and $358,482 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$49,946 for 161 sqft less living space. Net adjustment: -$49,946.
Adjusted -$15,511 for 50 sqft less living space and -$12,667 for being older. Net adjustment: -$28,178.
Adjusted -$35,365 for 114 sqft less living space and +$25,333 for being newer. Net adjustment: -$10,032.
Adjusted -$173,725 for 560 sqft less living space and -$25,333 for being older. Net adjustment: -$199,058.
Adjusted -$76,935 for 248 sqft less living space and -$76,000 for being older. Net adjustment: -$152,935.
The Neighborhood
This home is valued 37.0% 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 -37.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,264 across all districts. With a homestead exemption claimed, that drops to $3,689 — saving $1,575 per year. That's $307 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% | $3,043 |
| Williamson County | County | 0.3694% | $1,070 |
| Georgetown | City | 0.3530% | $1,023 |
| Williamson County FM/Rd | County | 0.0443% | $128 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,264 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $305,188 would pay approximately $1,905 per month (principal and interest only, excluding taxes and insurance).