507 WOODLAND PARK, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $706,281 and $1,108,771, with a best estimate of $783,131. 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
$783,131
$821,646
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 $706,281 and $1,108,771. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$50,765 for 174 sqft less living space and +$23,993 for being newer. Net adjustment: -$26,772.
Adjusted +$51,057 for 175 sqft more living space and +$23,993 for being newer. Net adjustment: +$75,050.
Adjusted -$83,733 for 287 sqft less living space and +$23,993 for being newer. Net adjustment: -$59,740.
Adjusted -$22,465 for 77 sqft less living space and +$39,989 for being newer. Net adjustment: +$17,524.
Adjusted -$409,037 for 1,402 sqft less living space and +$31,991 for being newer. Net adjustment: -$377,046.
The Neighborhood
This home is valued 12.3% 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
typicalThis home is -12.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,781 across all districts. With a homestead exemption claimed, that drops to $11,159 — saving $1,622 per year. That's $930 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% | $8,632 |
| Williamson County | County | 0.3694% | $3,036 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $749 |
| Williamson County FM/Rd | County | 0.0443% | $364 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $12,781 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $783,131 would pay approximately $4,888 per month (principal and interest only, excluding taxes and insurance).