601 WOODWAY DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $449,251 and $711,265, with a best estimate of $492,549. That places the property below the G210582E - Oakcrest Ranchettes 1,2,3, Greenridge & Highcrest median of $547,832, in a neighborhood that declined 8.5% over the past year.
Estimated Value Range
$492,549
$603,307
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G210582E - Oakcrest Ranchettes 1,2,3, Greenridge & Highcrest, this home's estimated market value is between $449,251 and $711,265. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$64,000 for 248 sqft more living space and -$27,951 for being older. Net adjustment: +$36,049.
Adjusted +$92,129 for 357 sqft more living space and -$6,988 for being older and -$22,332 for no garage. Net adjustment: +$62,809.
Adjusted +$103,226 for 400 sqft more living space and -$22,332 for no garage. Net adjustment: +$80,894.
Adjusted +$209,290 for 811 sqft more living space and -$22,332 for no garage. Net adjustment: +$186,958.
Adjusted +$54,710 for 212 sqft more living space and -$6,988 for being older and -$22,332 for no garage. Net adjustment: +$25,390.
The Neighborhood
This home is valued 10.1% above the G210582E - Oakcrest Ranchettes 1,2,3, Greenridge & Highcrest median of $547,832. With 234 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.5% over the past year.
G210582E - Oakcrest Ranchettes 1,2,3, Greenridge & Highcrest
typicalThis home is +10.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,385 across all districts. With a homestead exemption claimed, that drops to $7,803 — saving $1,582 per year. That's $650 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% | $6,338 |
| Williamson County | County | 0.3694% | $2,229 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $550 |
| Williamson County FM/Rd | County | 0.0443% | $267 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $9,385 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $492,549 would pay approximately $3,074 per month (principal and interest only, excluding taxes and insurance).