501 PREAKNESS PL, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $266,721 and $468,075, with a best estimate of $329,955. That places the property below the G540594E - Stonehedge Sec 1,2, & 3 median of $377,452, in a neighborhood that declined 9.4% over the past year.
Estimated Value Range
$329,955
$398,686
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G540594E - Stonehedge Sec 1,2, & 3, this home's estimated market value is between $266,721 and $468,075. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$7,755 for 29 sqft less living space and -$2,539 for being older. Net adjustment: -$10,294.
Adjusted -$62,842 for 235 sqft less living space. Net adjustment: -$62,842.
Adjusted +$2,942 for 11 sqft more living space. Net adjustment: +$2,942.
Adjusted -$107,768 for 403 sqft less living space and -$2,539 for being older. Net adjustment: -$110,307.
Adjusted -$18,719 for 70 sqft less living space. Net adjustment: -$18,719.
The Neighborhood
This home is valued 5.6% above the G540594E - Stonehedge Sec 1,2, & 3 median of $377,452. With 381 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 9.4% over the past year.
G540594E - Stonehedge Sec 1,2, & 3
typicalThis home is +5.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,246 across all districts. With a homestead exemption claimed, that drops to $5,631 — saving $1,615 per year. That's $469 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% | $4,189 |
| Williamson County | County | 0.3694% | $1,473 |
| Georgetown | City | 0.3530% | $1,407 |
| Williamson County FM/Rd | County | 0.0443% | $177 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,246 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $329,955 would pay approximately $2,060 per month (principal and interest only, excluding taxes and insurance).