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501 WOODLAND PARK, GEORGETOWN, TX 78633

GEORGETOWN, 78633 — williamson County

3 bed2 bath2,643 sqftBuilt 2003

Property at a Glance

This home is estimated between $583,733 and $1,091,247, with a best estimate of $757,791. That places the property below the G720601C - WOODLAND PARK & WOODLAND PARK WEST median of $936,407, in a neighborhood that declined 4.3% over the past year.

Estimated Value Range

$583,733 $1,091,247
Best Estimate
$757,791
WCAD Value
$688,757
High Confidence

Based on 5 comparable properties(5 in the same subdivision)

Based on 5 comparable properties in G720601C - WOODLAND PARK & WOODLAND PARK WEST, this home's estimated market value is between $583,733 and $1,091,247. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

105 SHADY ELM DR, GEORGETOWN, TX 78633
0.05 mi 100% similar Same subdivision
4 bed 3 bath 3,151 sqft Built 2003
Raw Value $731,943
Adjusted Value $583,733

Adjusted -$148,210 for 508 sqft less living space. Net adjustment: -$148,210.

500 WOODLAND PARK, GEORGETOWN, TX 78633
0.05 mi 100% similar Same subdivision
3 bed 2 bath 2,437 sqft Built 2003
Raw Value $817,021
Adjusted Value $877,122

Adjusted +$60,101 for 206 sqft more living space. Net adjustment: +$60,101.

505 WOODLAND PARK, GEORGETOWN, TX 78633
0.06 mi 100% similar Same subdivision
4 bed 3 bath 3,086 sqft Built 2004
Raw Value $895,036
Adjusted Value $757,791

Adjusted -$129,247 for 443 sqft less living space and -$7,998 for being older. Net adjustment: -$137,245.

400 WOODLAND PARK, GEORGETOWN, TX 78633
0.08 mi 100% similar Same subdivision
4 bed 3 bath 2,943 sqft Built 2003
Raw Value $709,753
Adjusted Value $622,227

Adjusted -$87,526 for 300 sqft less living space. Net adjustment: -$87,526.

504 WOODLAND PARK, GEORGETOWN, TX 78633
0.08 mi 100% similar Same subdivision
4 bed 3 bath 2,391 sqft Built 2005
Raw Value $1,033,721
Adjusted Value $1,091,247

Adjusted +$73,522 for 252 sqft more living space and -$15,996 for being older. Net adjustment: +$57,526.

The Neighborhood

This home is valued 26.4% below the G720601C - WOODLAND PARK & WOODLAND PARK WEST median of $936,407. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.3% over the past year.

G720601C - WOODLAND PARK & WOODLAND PARK WEST

below average
320 Properties
$936,407 Median Value
-4.3% YoY Change
2% Have Pool
99% Have Garage
This Home
$688,757
Median
$936,407

This home is -26.4% below the subdivision median.

Tax Analysis

The estimated annual property tax is $10,714 across all districts. With a homestead exemption claimed, that drops to $9,116 — saving $1,598 per year. That's $760 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

DistrictTypeRateAnnual Amount
Georgetown ISDSchool1.0506%$7,236
Williamson CountyCounty0.3694%$2,545
Williamson County ESD #8 - GeorgetownESD0.0912%$628
Williamson County FM/RdCounty0.0443%$305
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.5556%$10,714

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $757,791 would pay approximately $4,730 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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