2807 SPRINGWOOD LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $1,009,386 and $1,485,216, with a best estimate of $1,092,483. That places the property above the G185603B - Falls of San Gabriel median of $909,494, in a neighborhood that appreciated 5.8% over the past year.
Estimated Value Range
$1,092,483
$937,894
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G185603B - Falls of San Gabriel, this home's estimated market value is between $1,009,386 and $1,485,216. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$120,984 for 371 sqft more living space and +$86,263 for being newer. Net adjustment: +$207,247.
Adjusted +$117,397 for 360 sqft more living space and +$86,263 for being newer. Net adjustment: +$203,660.
Adjusted +$145,768 for 447 sqft more living space and +$86,263 for being newer. Net adjustment: +$232,031.
Adjusted +$115,441 for 354 sqft more living space and +$97,046 for being newer. Net adjustment: +$212,487.
Adjusted -$42,393 for 130 sqft less living space and +$75,480 for being newer. Net adjustment: +$33,087.
The Neighborhood
This home is valued 3.1% above the G185603B - Falls of San Gabriel median of $909,494. With 44 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 5.8% over the past year.
G185603B - Falls of San Gabriel
typicalThis home is +3.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $17,045 across all districts. With a homestead exemption claimed, that drops to $15,235 — saving $1,810 per year. That's $1,270 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% | $9,854 |
| Williamson County | County | 0.3694% | $3,465 |
| Georgetown | City | 0.3530% | $3,311 |
| Williamson County FM/Rd | County | 0.0443% | $416 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $17,045 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,092,483 would pay approximately $6,819 per month (principal and interest only, excluding taxes and insurance).