116 MAGNOLIA SPRING DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $572,726 and $892,672, with a best estimate of $661,461. That places the property above the G226616B - WOLF RANCH median of $643,825, in a neighborhood that declined 4.6% over the past year.
Estimated Value Range
$661,461
$735,610
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G226616B - WOLF RANCH, this home's estimated market value is between $572,726 and $892,672. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$11,401 for 44 sqft more living space. Net adjustment: +$11,401.
Adjusted -$69,961 for 270 sqft less living space. Net adjustment: -$69,961.
Adjusted +$16,842 for 65 sqft more living space. Net adjustment: +$16,842.
Adjusted +$83,953 for 324 sqft more living space. Net adjustment: +$83,953.
Adjusted -$142,512 for 550 sqft less living space. Net adjustment: -$142,512.
The Neighborhood
This home is valued 14.3% above the G226616B - WOLF RANCH median of $643,825. With 671 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.6% over the past year.
G226616B - WOLF RANCH
typicalThis home is +14.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $17,617 across all districts. With a homestead exemption claimed, that drops to $15,880 — saving $1,737 per year. That's $1,323 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% | $7,728 |
| Williamson County MUD #28 | MUD | 0.5775% | $4,248 |
| Williamson County | County | 0.3694% | $2,718 |
| Georgetown | City | 0.3530% | $2,597 |
| Williamson County FM/Rd | County | 0.0443% | $326 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.3949% | $17,617 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $661,461 would pay approximately $4,129 per month (principal and interest only, excluding taxes and insurance).