1016 CEDAR ELM LN, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $284,755 and $527,022, with a best estimate of $471,236. That places the property above the G761509F - GEORGETOWN VILLAGE R4 median of $434,218, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$471,236
$481,485
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G761509F - GEORGETOWN VILLAGE R4, this home's estimated market value is between $284,755 and $527,022. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$26,324 for 127 sqft less living space and +$410 for being newer. Net adjustment: -$25,914.
Adjusted -$17,619 for 85 sqft less living space and -$410 for being older. Net adjustment: -$18,029.
Adjusted -$43,114 for 208 sqft less living space and +$410 for being newer. Net adjustment: -$42,704.
Adjusted -$40,834 for 197 sqft less living space and -$410 for being older. Net adjustment: -$41,244.
Adjusted -$107,370 for 518 sqft less living space and +$819 for being newer. Net adjustment: -$106,551.
The Neighborhood
This home is valued 10.9% above the G761509F - GEORGETOWN VILLAGE R4 median of $434,218. With 668 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 2.8% over the past year.
G761509F - GEORGETOWN VILLAGE R4
typicalThis home is +10.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,328 across all districts. With a homestead exemption claimed, that drops to $7,683 — saving $1,645 per year. That's $640 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% | $5,058 |
| Williamson County | County | 0.3694% | $1,779 |
| Georgetown | City | 0.3530% | $1,700 |
| Georgetown Village PID | pid | 0.1200% | $578 |
| Williamson County FM/Rd | County | 0.0443% | $213 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9374% | $9,328 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $471,236 would pay approximately $2,941 per month (principal and interest only, excluding taxes and insurance).