116 SPANISH OAK DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $338,874 and $509,819, with a best estimate of $415,516. That places the property above the G182484G - Oakcrest Estates Unit 1 median of $362,800, in a neighborhood that appreciated 2.8% over the past year.
Estimated Value Range
$415,516
$349,819
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G182484G - Oakcrest Estates Unit 1, this home's estimated market value is between $338,874 and $509,819. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$51,597 for 246 sqft more living space and +$6,345 for being newer. Net adjustment: +$57,942.
Adjusted +$19,296 for 92 sqft more living space and +$13,748 for being newer. Net adjustment: +$33,044.
Adjusted +$11,746 for 56 sqft more living space and +$11,633 for being newer. Net adjustment: +$23,379.
Adjusted +$91,658 for 437 sqft more living space and +$10,576 for being newer. Net adjustment: +$102,234.
Adjusted +$23,072 for 110 sqft more living space and +$12,691 for being newer. Net adjustment: +$35,763.
The Neighborhood
This home is valued 3.6% below the G182484G - Oakcrest Estates Unit 1 median of $362,800. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 2.8% over the past year.
G182484G - Oakcrest Estates Unit 1
typicalThis home is -3.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,442 across all districts. With a homestead exemption claimed, that drops to $3,906 — saving $1,536 per year. That's $326 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% | $3,675 |
| Williamson County | County | 0.3694% | $1,292 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $319 |
| Williamson County FM/Rd | County | 0.0443% | $155 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $5,442 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $415,516 would pay approximately $2,594 per month (principal and interest only, excluding taxes and insurance).