509 LUTHER DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $311,902 and $395,688, with a best estimate of $374,899. That places the property below the G242X - Georgetown East Duplex median of $422,527, in a neighborhood that appreciated 0.5% over the past year.
Estimated Value Range
$374,899
$381,273
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G242X - Georgetown East Duplex, this home's estimated market value is between $311,902 and $395,688. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$114,579 for 345 sqft less living space. Net adjustment: -$114,579.
Adjusted +$23,580 for 71 sqft more living space and +$16,847 for being newer. Net adjustment: +$40,427.
Adjusted +$23,580 for 71 sqft more living space and +$16,847 for being newer. Net adjustment: +$40,427.
Adjusted -$4,317 for 13 sqft less living space and +$5,265 for being newer. Net adjustment: +$948.
Adjusted -$37,529 for 113 sqft less living space and +$3,159 for being newer. Net adjustment: -$34,370.
The Neighborhood
This home is valued 9.8% below the G242X - Georgetown East Duplex median of $422,527. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 0.5% over the past year.
G242X - Georgetown East Duplex
typicalThis home is -9.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,929 across all districts. With a homestead exemption claimed, that drops to $5,321 — saving $1,608 per year. That's $443 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% | $4,006 |
| Williamson County | County | 0.3694% | $1,409 |
| Georgetown | City | 0.3530% | $1,346 |
| Williamson County FM/Rd | County | 0.0443% | $169 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,929 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $374,899 would pay approximately $2,340 per month (principal and interest only, excluding taxes and insurance).