40104 MEADOW TURN, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $457,748 and $666,866, with a best estimate of $509,776. That places the property above the G401590F - Pennington Place median of $477,914, in a neighborhood that declined 11.9% over the past year.
Estimated Value Range
$509,776
$513,926
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G401590F - Pennington Place, this home's estimated market value is between $457,748 and $666,866. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$26,801 for 113 sqft less living space and +$57,909 for being newer. Net adjustment: +$31,108.
Adjusted +$13,993 for 59 sqft more living space and +$44,748 for being newer. Net adjustment: +$58,741.
Adjusted -$9,250 for 39 sqft less living space and +$81,599 for being newer. Net adjustment: +$72,349.
Adjusted -$115,741 for 488 sqft less living space and +$13,161 for being newer. Net adjustment: -$102,580.
Adjusted -$44,114 for 186 sqft less living space and +$55,277 for being newer. Net adjustment: +$11,163.
The Neighborhood
This home is valued 7.5% above the G401590F - Pennington Place median of $477,914. With 34 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 11.9% over the past year.
G401590F - Pennington Place
typicalThis home is +7.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,995 across all districts. With a homestead exemption claimed, that drops to $6,429 — saving $1,566 per year. That's $536 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% | $5,399 |
| Williamson County | County | 0.3694% | $1,899 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $469 |
| Williamson County FM/Rd | County | 0.0443% | $228 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $7,995 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $509,776 would pay approximately $3,182 per month (principal and interest only, excluding taxes and insurance).