305 SHANNON LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $266,823 and $571,747, with a best estimate of $300,913. That places the property above the G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge median of $299,839, in a neighborhood that declined 1.9% over the past year.
Estimated Value Range
$300,913
$262,411
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $266,823 and $571,747. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$31,800 for 156 sqft less living space. Net adjustment: -$31,800.
Adjusted -$4,077 for 20 sqft less living space and -$13,257 for being older. Net adjustment: -$17,334.
Adjusted +$23,239 for 114 sqft more living space and -$2,651 for being older. Net adjustment: +$20,588.
Adjusted -$1,223 for 6 sqft less living space. Net adjustment: -$1,223.
Adjusted -$43,215 for 212 sqft less living space and -$10,606 for being older. Net adjustment: -$53,821.
The Neighborhood
This home is valued 12.5% below the G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge median of $299,839. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.9% over the past year.
G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge
typicalThis home is -12.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,769 across all districts. With a homestead exemption claimed, that drops to $3,203 — saving $1,566 per year. That's $267 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% | $2,757 |
| Williamson County | County | 0.3694% | $969 |
| Georgetown | City | 0.3530% | $926 |
| Williamson County FM/Rd | County | 0.0443% | $116 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $4,769 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $300,913 would pay approximately $1,878 per month (principal and interest only, excluding taxes and insurance).