261 FALLING STAR LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $401,915 and $430,409, with a best estimate of $420,340. That places the property above the I411416C - MORNING STAR median of $366,054, in a neighborhood that appreciated 2.4% over the past year.
Estimated Value Range
$420,340
$396,402
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in I411416C - MORNING STAR, this home's estimated market value is between $401,915 and $430,409. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$40,192 for 161 sqft more living space and -$11,201 for being older. Net adjustment: +$28,991.
Adjusted +$64,157 for 257 sqft more living space and -$11,201 for being older. Net adjustment: +$52,956.
Adjusted +$62,909 for 252 sqft more living space. Net adjustment: +$62,909.
Adjusted +$64,157 for 257 sqft more living space and -$11,201 for being older. Net adjustment: +$52,956.
Adjusted +$6,990 for 28 sqft more living space. Net adjustment: +$6,990.
The Neighborhood
This home is valued 8.3% above the I411416C - MORNING STAR median of $366,054. With 1,887 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 2.4% over the past year.
I411416C - MORNING STAR
typicalThis home is +8.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,493 across all districts. With a homestead exemption claimed, that drops to $8,686 — saving $1,807 per year. That's $724 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 |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $4,911 |
| Williamson County MUD #23 | MUD | 0.9200% | $3,647 |
| Williamson County | County | 0.3694% | $1,464 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $295 |
| Williamson County FM/Rd | County | 0.0443% | $176 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.6472% | $10,493 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $420,340 would pay approximately $2,624 per month (principal and interest only, excluding taxes and insurance).