2802 SPRINGWOOD LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $726,362 and $904,940, with a best estimate of $853,852. 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
$853,852
$898,121
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 $726,362 and $904,940. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$13,044 for 40 sqft less living space and -$43,132 for being older. Net adjustment: -$56,176.
Adjusted -$7,174 for 22 sqft less living space and -$10,783 for being older. Net adjustment: -$17,957.
Adjusted -$204,793 for 628 sqft less living space and +$32,349 for being newer. Net adjustment: -$172,444.
Adjusted +$79,569 for 244 sqft more living space and -$64,697 for being older. Net adjustment: +$14,872.
Adjusted -$57,720 for 177 sqft less living space and -$75,480 for being older. Net adjustment: -$133,200.
The Neighborhood
This home is valued 1.3% 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 -1.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $16,322 across all districts. With a homestead exemption claimed, that drops to $14,527 — saving $1,795 per year. That's $1,211 per month a buyer should budget. The assessed value increased +7.9% vs the subdivision average of +5.8%. This above-average increase gives a protest opportunity score of 31 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $9,436 |
| Williamson County | County | 0.3694% | $3,318 |
| Georgetown | City | 0.3530% | $3,170 |
| Williamson County FM/Rd | County | 0.0443% | $398 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $16,322 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $853,852 would pay approximately $5,330 per month (principal and interest only, excluding taxes and insurance).