505 SUMMER PLACE LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $182,298 and $832,805, with a best estimate of $342,404. That places the property below the G226716A - WOLF RANCH - SOUTH median of $571,067, in a neighborhood that appreciated 93.5% over the past year.
Estimated Value Range
$342,404
$322,417
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G226716A - WOLF RANCH - SOUTH, this home's estimated market value is between $182,298 and $832,805. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$4,806 for 17 sqft less living space. Net adjustment: -$4,806.
Adjusted +$143,322 for 507 sqft more living space. Net adjustment: +$143,322.
Adjusted +$20,353 for 72 sqft more living space. Net adjustment: +$20,353.
Adjusted +$90,460 for 320 sqft more living space and +$26,361 for being newer. Net adjustment: +$116,821.
Adjusted +$7,633 for 27 sqft more living space. Net adjustment: +$7,633.
The Neighborhood
This home is valued 43.5% below the G226716A - WOLF RANCH - SOUTH median of $571,067. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 93.5% over the past year.
G226716A - WOLF RANCH - SOUTH
below averageThis home is -43.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,955 across all districts. With a homestead exemption claimed, that drops to $6,368 — saving $1,587 per year. That's $531 per month a buyer should budget.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $3,387 |
| Williamson County MUD #29 | MUD | 0.6500% | $2,096 |
| Williamson County | County | 0.3694% | $1,191 |
| Georgetown | City | 0.3530% | $1,138 |
| Williamson County FM/Rd | County | 0.0443% | $143 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4674% | $7,955 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $342,404 would pay approximately $2,137 per month (principal and interest only, excluding taxes and insurance).