1120 LIGHTNING RANCH RD, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $1,196,733 and $1,992,824, with a best estimate of $1,706,698. That places the property above the G105M50E - Georgetown I.S.D. Abstracts median of $759,689, in a neighborhood that appreciated 5.5% over the past year.
Estimated Value Range
$1,706,698
$2,613,303
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $1,196,733 and $1,992,824. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$82,158 for 236 sqft more living space and +$11,794 for being newer and +$66,176 for having a pool. Net adjustment: +$160,128.
Adjusted -$43,168 for 124 sqft less living space and -$5,897 for being older and +$66,176 for having a pool. Net adjustment: +$17,111.
Adjusted -$2,011,486 for 5,778 sqft less living space and +$66,176 for having a pool. Net adjustment: -$1,945,310.
Adjusted +$1,030,460 for 2,960 sqft more living space and +$11,794 for being newer and +$66,176 for having a pool. Net adjustment: +$1,108,430.
Adjusted +$726,892 for 2,088 sqft more living space and -$17,691 for being older and +$66,176 for having a pool. Net adjustment: +$775,377.
The Neighborhood
This home is valued 244.0% above the G105M50E - Georgetown I.S.D. Abstracts median of $759,689. With 521 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 5.5% over the past year.
G105M50E - Georgetown I.S.D. Abstracts
outlier highThis home is +244.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $21,146 across all districts. With a homestead exemption claimed, that drops to $19,421 — saving $1,725 per year. That's $1,618 per month a buyer should budget. The assessed value increased +33.2% vs the subdivision average of +5.5%. This above-average increase gives a protest opportunity score of 100 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $14,436 |
| Williamson County | County | 0.3694% | $5,077 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $1,024 |
| Williamson County FM/Rd | County | 0.0443% | $609 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5389% | $21,146 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,706,698 would pay approximately $10,653 per month (principal and interest only, excluding taxes and insurance).