Texas · Austin-Round Rock-San Marcos, TX metro area

Buying a home in Georgetown, Texas

In Georgetown, the median value of owner-occupied homes is $429,100, Williamson County's effective property tax rate is 1.61%, a purchase mortgage carried a median $7,926 in total loan costs in 2025, and median gross rent is $1,795 a month.

Data as of : Census ACS 2020-2024, Census Vintage 2024, HMDA 2025, HUD FY 2027. Sources

Georgetown home costs, fact by fact

About Georgetown

Georgetown is a city of 101,344 residents in the Austin-Round Rock-San Marcos, TX metro area, ranked 25th nationally. About 69.5% of homes are owner-occupied.

Reading the Georgetown figures

Williamson County sets the tone for Georgetown, so begin with the tax. The county's median annual property tax is $7,205, produced by an effective rate of 1.61% on county homes valued at $447,000 at the median. Georgetown's own median value is $429,100, which is below that county figure, so a typical purchase here would sit slightly under the home behind the county bill. The Texas median is $318,100, so Georgetown lands well above the state as a whole. These are owners' estimates, not recorded sale prices.

Against other covered Texas cities the picture is crowded. Sugar Land reports $430,200, almost the same as Georgetown. Richardson reports $431,400. Round Rock sits a little lower, with $418,600. Allen reports $464,100, a clear step up. Lewisville comes in under, with $378,500, as does Denton with $348,200, while Dallas stands at $320,700.

Rent here is $1,795 a month at the census median. HUD lists $1,817 for its smaller-home tier in the Austin metro zone, plus $2,292 for the larger one, so the census median sits just under the smaller benchmark. HUD's number is a federal reference point, not a market median. Elsewhere, Round Rock shows $1,763, while Denton, with $1,420, is much lower.

Ownership is strong: 69.5% of households own. Allen is nearly identical, with 69.4%, while Sugar Land is higher, with 80.3%. Round Rock has a smaller owner share, 55.5%, and Dallas smaller still, 42.4%. A high owner share alongside a value near the county median suggests a settled owner base, but these figures do not describe turnover.

Loan costs should not be forgotten. In 2025 the county recorded 10,111 loans, with a median total cost of $7,926. The middle of the distribution ran from $5,401 to $12,417, a wide range that rewards a comparison of several lenders. Ask each one for a written estimate rather than assuming a single number applies to your loan.

Georgetown is a city of 101,344 residents. Williamson County's figures are therefore the right frame, and a buyer comparing Georgetown with Round Rock should note that Round Rock reports $418,600 and a lower owner share, 55.5%. Allen, with a population of 113,746, is the nearer match on both ownership and value. For a sense of scale, fewer than Round Rock's 135,359 or Allen's 113,746. It sits in the Austin-Round Rock-San Marcos metro area, ranked 25th nationally with 2,550,637 people, and lies entirely in a single county, which keeps the tax and loan reading above straightforward. A buyer here deals with one county for property tax and one set of lender data, which makes comparisons simpler than in cities that straddle county lines.

Calculate for Texas

If you buy

Texas state transfer tax

Texas has no real estate transfer tax. Change the price: the amount is recalculated instantly.

Price$318,100
State transfer tax$0
Share of the price—

Default price: the Texas median value of owner-occupied homes, $318,100 (Census ACS 2025). Rule: No transfer tax exists. Buyers pay county recording fees and a state-set title insurance premium. Who pays: No transfer tax to assign. Recording fees and the title insurance premium appear on the closing statement. Not included: county and city transfer taxes, recording fees, title insurance and lender charges. Texas transfer tax guide · all 50 states.

If you sell

Capital gain and the federal tax on it

Same federal rule in every state: Section 121 of the Internal Revenue Code excludes up to $250,000 of gain on a main home ($500,000 for a married couple filing jointly).

Capital gain$350,000
Section 121 exclusion$250,000 (limit $250,000)
Taxable gain$100,000
Type of gainLong-term (owned over 1 year), 15% chosen
Federal tax on the gain$15,000

Section 121 excludes $250,000; the rest is taxable.

Gain = sale price minus your adjusted basis (purchase price, buying costs and improvements); selling expenses reduce it (IRS Publication 523). Long-term rates for sales in 2026, by taxable income including the gain (IRS Rev. Proc. 2025-32, section 4.03): 0% up to $49,450 single or $98,900 married filing jointly, 15% up to $545,500 single or $613,700 jointly, 20% above. Not included: Texas state income tax on the gain (not computed), the net investment income tax, depreciation recapture on a rental or home office, and the reduced exclusion for an early sale. Agent commissions are negotiated and never set by law. Capital gains on a home sale.

Questions about buying a home in Georgetown

How much is property tax in Georgetown?

Homeowners in Williamson County pay a median $7,205 a year in property tax, 1.61% of the county median home value of $447,000 (Census ACS 2020-2024). Your bill depends on your assessed value and local rates.

What are closing costs on a mortgage in Georgetown?

Home-purchase mortgages in Williamson County carried median total loan costs of $7,926 in 2025; half of the 10,111 loans fell between $5,401 and $12,417 (HMDA). Total loan costs are the lender and settlement-service charges of the Closing Disclosure; transfer taxes and prepaid items come on top.

Is there a transfer tax when you buy a home in Georgetown?

Texas has no real estate transfer tax. Article VIII, Section 29 of the Texas Constitution, added November 3, 2015, says no law enacted after January 1, 2016 may impose a transfer tax on a transaction that conveys fee simple title to real property.

Is it cheaper to rent or buy in Georgetown?

It depends on your mortgage rate, down payment and how long you stay. As a benchmark, the median value of owner-occupied homes in Georgetown ($429,100) equals 19.9 years of the median gross rent ($1,795 a month), both from Census ACS 2020-2024.

What natural hazards affect home insurance in Georgetown?

Across Texas, the main hazards for home insurance are flood, tornado, wind and hail, and the insurer of last resort is Texas FAIR Plan Association (TFPA). Texas gets more tornadoes than any other state, according to the Texas Department of Insurance; on the coast, windstorm coverage comes from a separate policy, often from TWIA, in 14 coastal counties plus part of Harris County.

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Texas rules that apply in Georgetown

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Sources

Texas · All states · Federal guides