2702 SPRINGWOOD LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $712,697 and $1,000,063, with a best estimate of $750,017. That places the property below the G185603B - Falls of San Gabriel median of $909,494, in a neighborhood that appreciated 5.8% over the past year.
Estimated Value Range
$750,017
$798,415
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G185603B - Falls of San Gabriel, this home's estimated market value is between $712,697 and $1,000,063. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$49,242 for 151 sqft less living space and +$86,263 for being newer. Net adjustment: +$37,021.
Adjusted -$19,240 for 59 sqft less living space and -$10,783 for being older. Net adjustment: -$30,023.
Adjusted -$109,245 for 335 sqft less living space and -$10,783 for being older. Net adjustment: -$120,028.
Adjusted -$122,289 for 375 sqft less living space. Net adjustment: -$122,289.
Adjusted -$115,114 for 353 sqft less living space. Net adjustment: -$115,114.
The Neighborhood
This home is valued 12.2% below the G185603B - Falls of San Gabriel median of $909,494. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 5.8% over the past year.
G185603B - Falls of San Gabriel
typicalThis home is -12.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $13,774 across all districts. With a homestead exemption claimed, that drops to $12,029 — saving $1,745 per year. That's $1,002 per month a buyer should budget. The assessed value increased +15.9% vs the subdivision average of +5.8%. This above-average increase gives a protest opportunity score of 95 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $7,962 |
| Williamson County | County | 0.3694% | $2,800 |
| Georgetown | City | 0.3530% | $2,675 |
| Williamson County FM/Rd | County | 0.0443% | $336 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $13,774 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $750,017 would pay approximately $4,682 per month (principal and interest only, excluding taxes and insurance).