118 LANCASTER DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $559,117 and $1,211,759, with a best estimate of $810,370. That places the property below the G118601C - Meadows End & Reserve at Berry Creek median of $827,673, in a neighborhood that appreciated 7.1% over the past year.
Estimated Value Range
$810,370
$748,330
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in G118601C - Meadows End & Reserve at Berry Creek. The estimated range of $559,117 and $1,211,759 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$27,890 for 103 sqft more living space and -$11,045 for being older. Net adjustment: +$16,845.
Adjusted +$66,611 for 246 sqft more living space and +$33,135 for being newer. Net adjustment: +$99,746.
Adjusted -$83,670 for 309 sqft less living space and -$33,135 for being older. Net adjustment: -$116,805.
Adjusted +$155,697 for 575 sqft more living space and -$55,225 for being older. Net adjustment: +$100,472.
Adjusted +$326,829 for 1,207 sqft more living space and +$11,045 for being newer. Net adjustment: +$337,874.
The Neighborhood
This home is valued 9.6% below the G118601C - Meadows End & Reserve at Berry Creek median of $827,673. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 7.1% over the past year.
G118601C - Meadows End & Reserve at Berry Creek
typicalThis home is -9.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $13,600 across all districts. With a homestead exemption claimed, that drops to $11,859 — saving $1,741 per year. That's $988 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% | $7,862 |
| Williamson County | County | 0.3694% | $2,765 |
| Georgetown | City | 0.3530% | $2,642 |
| Williamson County FM/Rd | County | 0.0443% | $332 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $13,600 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $810,370 would pay approximately $5,058 per month (principal and interest only, excluding taxes and insurance).