1116 ADDISON LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $384,876 and $591,452, with a best estimate of $499,358. That places the property below the G226716A - WOLF RANCH - SOUTH median of $571,067, in a neighborhood that appreciated 93.5% over the past year.
Estimated Value Range
$499,358
$431,594
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G226716A - WOLF RANCH - SOUTH, this home's estimated market value is between $384,876 and $591,452. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$27,703 for 98 sqft more living space and -$13,181 for being older. Net adjustment: +$14,522.
Adjusted -$18,940 for 67 sqft less living space. Net adjustment: -$18,940.
Adjusted -$101,767 for 360 sqft less living space. Net adjustment: -$101,767.
Adjusted +$24,594 for 87 sqft more living space and -$13,181 for being older. Net adjustment: +$11,413.
Adjusted -$18,940 for 67 sqft less living space and -$13,181 for being older. Net adjustment: -$32,121.
The Neighborhood
This home is valued 24.4% below the G226716A - WOLF RANCH - SOUTH median of $571,067. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 93.5% over the past year.
G226716A - WOLF RANCH - SOUTH
below averageThis home is -24.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,649 across all districts. With a homestead exemption claimed, that drops to $9,022 — saving $1,627 per year. That's $752 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% | $4,534 |
| Williamson County MUD #29 | MUD | 0.6500% | $2,805 |
| Williamson County | County | 0.3694% | $1,595 |
| Georgetown | City | 0.3530% | $1,524 |
| Williamson County FM/Rd | County | 0.0443% | $191 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4674% | $10,649 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $499,358 would pay approximately $3,117 per month (principal and interest only, excluding taxes and insurance).