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501 CENTRAL DR E, GEORGETOWN, TX 78628

GEORGETOWN, 78628 — williamson County

3 bed2 bath1,376 sqftBuilt 1981

Property at a Glance

This home is estimated between $273,621 and $303,358, with a best estimate of $284,230. That places the property below 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

$273,621 $303,358
Best Estimate
$284,230
WCAD Value
$276,632
High Confidence

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

Based on 5 comparable properties in G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge, this home's estimated market value is between $273,621 and $303,358. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

411 CENTRAL DR E, GEORGETOWN, TX 78628
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,334 sqft Built 1981
Raw Value $275,668
Adjusted Value $284,230

Adjusted +$8,562 for 42 sqft more living space. Net adjustment: +$8,562.

503 CENTRAL DR E, GEORGETOWN, TX 78628
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,295 sqft Built 1981
Raw Value $286,846
Adjusted Value $303,358

Adjusted +$16,512 for 81 sqft more living space. Net adjustment: +$16,512.

500 TANGLEWOOD DR, GEORGETOWN, TX 78628
0.03 mi 100% similar Same subdivision
3 bed 2 bath 1,436 sqft Built 1981
Raw Value $299,839
Adjusted Value $287,608

Adjusted -$12,231 for 60 sqft less living space. Net adjustment: -$12,231.

409 CENTRAL DR E, GEORGETOWN, TX 78628
0.03 mi 100% similar Same subdivision
3 bed 2 bath 1,332 sqft Built 1981
Raw Value $272,130
Adjusted Value $281,099

Adjusted +$8,969 for 44 sqft more living space. Net adjustment: +$8,969.

502 TANGLEWOOD DR, GEORGETOWN, TX 78628
0.03 mi 100% similar Same subdivision
3 bed 2 bath 1,391 sqft Built 1981
Raw Value $276,679
Adjusted Value $273,621

Adjusted -$3,058 for 15 sqft less living space. Net adjustment: -$3,058.

The Neighborhood

This home is valued 7.7% 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

typical
309 Properties
$299,839 Median Value
-1.9% YoY Change
4% Have Pool
88% Have Garage
This Home
$276,632
Median
$299,839

This home is -7.7% below the subdivision median.

Tax Analysis

The estimated annual property tax is $5,027 across all districts. With a homestead exemption claimed, that drops to $3,457 — saving $1,570 per year. That's $288 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%$2,906
Williamson CountyCounty0.3694%$1,022
GeorgetownCity0.3530%$977
Williamson County FM/RdCounty0.0443%$123
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.8174%$5,027

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $284,230 would pay approximately $1,774 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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