118 IVA LN, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $257,850 and $569,736, with a best estimate of $455,424. That places the property above the G507323C - PATTERSON RANCH median of $422,592, in a neighborhood that appreciated 76.0% over the past year.
Estimated Value Range
$455,424
$502,218
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G507323C - PATTERSON RANCH, this home's estimated market value is between $257,850 and $569,736. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$90,616 for 324 sqft more living space. Net adjustment: +$90,616.
Adjusted -$125,297 for 448 sqft less living space. Net adjustment: -$125,297.
Adjusted -$240,805 for 861 sqft less living space. Net adjustment: -$240,805.
Adjusted +$154,383 for 552 sqft more living space. Net adjustment: +$154,383.
Adjusted -$62,089 for 222 sqft less living space. Net adjustment: -$62,089.
The Neighborhood
This home is valued 18.8% above the G507323C - PATTERSON RANCH median of $422,592. With 260 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 76.0% over the past year.
G507323C - PATTERSON RANCH
above averageThis home is +18.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,127 across all districts. With a homestead exemption claimed, that drops to $7,475 — saving $1,652 per year. That's $623 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% | $5,276 |
| Williamson County | County | 0.3694% | $1,855 |
| Georgetown | City | 0.3530% | $1,773 |
| Williamson County FM/Rd | County | 0.0443% | $223 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $9,127 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $455,424 would pay approximately $2,843 per month (principal and interest only, excluding taxes and insurance).