401 PREAKNESS PLACE, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $209,863 and $374,431, with a best estimate of $228,414. That places the property below the G540594E - Stonehedge Sec 1,2, & 3 median of $377,452, in a neighborhood that declined 9.4% over the past year.
Estimated Value Range
$228,414
$372,802
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G540594E - Stonehedge Sec 1,2, & 3, this home's estimated market value is between $209,863 and $374,431. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$85,840 for 321 sqft less living space. Net adjustment: -$85,840.
Adjusted -$5,348 for 20 sqft less living space. Net adjustment: -$5,348.
Adjusted -$87,979 for 329 sqft less living space. Net adjustment: -$87,979.
Adjusted -$144,938 for 542 sqft less living space and -$2,539 for being older. Net adjustment: -$147,477.
Adjusted -$27,009 for 101 sqft less living space. Net adjustment: -$27,009.
The Neighborhood
This home is valued 1.2% below the G540594E - Stonehedge Sec 1,2, & 3 median of $377,452. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 9.4% over the past year.
G540594E - Stonehedge Sec 1,2, & 3
typicalThis home is -1.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,775 across all districts. With a homestead exemption claimed, that drops to $5,170 — saving $1,605 per year. That's $431 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% | $3,917 |
| Williamson County | County | 0.3694% | $1,377 |
| Georgetown | City | 0.3530% | $1,316 |
| Williamson County FM/Rd | County | 0.0443% | $165 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,775 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $228,414 would pay approximately $1,426 per month (principal and interest only, excluding taxes and insurance).