40200 HERITAGE HOLLOW, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $246,980 and $477,939, with a best estimate of $361,109. That places the property below the G401590F - Pennington Place median of $477,914, in a neighborhood that declined 11.9% over the past year.
Estimated Value Range
$361,109
$508,281
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G401590F - Pennington Place, this home's estimated market value is between $246,980 and $477,939. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$65,223 for 275 sqft more living space and +$15,793 for being newer and -$18,429 for no garage. Net adjustment: +$62,587.
Adjusted -$95,344 for 402 sqft less living space and +$15,793 for being newer and -$18,429 for no garage. Net adjustment: -$97,980.
Adjusted -$85,857 for 362 sqft less living space and +$18,426 for being newer and -$18,429 for no garage. Net adjustment: -$85,860.
Adjusted -$100,087 for 422 sqft less living space and +$15,793 for being newer and -$18,429 for no garage. Net adjustment: -$102,723.
Adjusted -$242,866 for 1,024 sqft less living space and +$13,161 for being newer and -$18,429 for no garage. Net adjustment: -$248,134.
The Neighborhood
This home is valued 6.4% above the G401590F - Pennington Place median of $477,914. With 34 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 11.9% over the past year.
G401590F - Pennington Place
typicalThis home is +6.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,907 across all districts. With a homestead exemption claimed, that drops to $6,342 — saving $1,565 per year. That's $529 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% | $5,340 |
| Williamson County | County | 0.3694% | $1,878 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $464 |
| Williamson County FM/Rd | County | 0.0443% | $225 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $7,907 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $361,109 would pay approximately $2,254 per month (principal and interest only, excluding taxes and insurance).