617 FAIR OAKS DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $369,513 and $439,994, with a best estimate of $419,751. That places the property below the G172613B - WATER OAK NORTH median of $501,966, in a neighborhood that declined 3.7% over the past year.
Estimated Value Range
$419,751
$436,125
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G172613B - WATER OAK NORTH, this home's estimated market value is between $369,513 and $439,994. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$122,863 for 577 sqft less living space and -$5,426 for being older. Net adjustment: -$128,289.
Adjusted -$82,406 for 387 sqft less living space and -$5,426 for being older. Net adjustment: -$87,832.
Adjusted -$135,852 for 638 sqft less living space and -$5,426 for being older. Net adjustment: -$141,278.
Adjusted -$71,759 for 337 sqft less living space and -$5,426 for being older. Net adjustment: -$77,185.
Adjusted -$56,640 for 266 sqft less living space and +$5,426 for being newer. Net adjustment: -$51,214.
The Neighborhood
This home is valued 13.1% below the G172613B - WATER OAK NORTH median of $501,966. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.7% over the past year.
G172613B - WATER OAK NORTH
typicalThis home is -13.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,797 across all districts. With a homestead exemption claimed, that drops to $9,245 — saving $1,552 per year. That's $770 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% | $4,582 |
| Williamson County MUD #25 | MUD | 0.9200% | $4,012 |
| Williamson County | County | 0.3694% | $1,611 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $398 |
| Williamson County FM/Rd | County | 0.0443% | $193 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4756% | $10,797 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $419,751 would pay approximately $2,620 per month (principal and interest only, excluding taxes and insurance).