516 HONEYBIRD LN, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $670,498 and $741,437, with a best estimate of $716,675. That places the property above the G571617B - Teravista Sec 40 median of $505,314, in a neighborhood that declined 8.5% over the past year.
Estimated Value Range
$716,675
$586,829
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G571617B - Teravista Sec 40, this home's estimated market value is between $670,498 and $741,437. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$148,863 for 676 sqft more living space and +$12,321 for being newer. Net adjustment: +$161,184.
Adjusted +$116,272 for 528 sqft more living space and +$24,641 for being newer. Net adjustment: +$140,913.
Adjusted +$105,041 for 477 sqft more living space and +$12,321 for being newer. Net adjustment: +$117,362.
Adjusted -$12,772 for 58 sqft less living space and +$24,641 for being newer. Net adjustment: +$11,869.
Adjusted +$121,116 for 550 sqft more living space and +$12,321 for being newer. Net adjustment: +$133,437.
The Neighborhood
This home is valued 16.1% above the G571617B - Teravista Sec 40 median of $505,314. With 540 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.5% over the past year.
G571617B - Teravista Sec 40
above averageThis home is +16.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,960 across all districts. With a homestead exemption claimed, that drops to $10,381 — saving $1,579 per year. That's $865 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% | $6,165 |
| Williamson County MUD #15 | MUD | 0.4825% | $2,831 |
| Williamson County | County | 0.3694% | $2,168 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $535 |
| Williamson County FM/Rd | County | 0.0443% | $260 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $11,960 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $716,675 would pay approximately $4,473 per month (principal and interest only, excluding taxes and insurance).