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503 CEDAR DR, GEORGETOWN, TX 78628

GEORGETOWN, 78628 — williamson County

2 bed1 bath1,056 sqftBuilt 1965

Property at a Glance

This home is estimated between $-19,972 and $586,862, with a best estimate of $273,695. That places the property below the G131481H - Williams Addition 6,7, & 7 AMD median of $304,257, in a neighborhood that appreciated 7.3% over the past year.

Estimated Value Range

$-19,972 $586,862
Best Estimate
$273,695
WCAD Value
$228,359
Low Confidence

Based on 5 comparable properties(0 in the same subdivision)

There are 5 comparable properties within range, but none are in G131481H - Williams Addition 6,7, & 7 AMD. The estimated range of $-19,972 and $586,862 should be treated as a rough guide.

Comparable Properties (5)

2 bed 1 bath 864 sqft Built 1986
Raw Value $561,069
Adjusted Value $586,862

Adjusted +$43,147 for 192 sqft more living space and -$21,180 for being older and +$3,826 for having a pool. Net adjustment: +$25,793.

3 bed 1,064 sqft Built 1983
Raw Value $2,700
Adjusted Value $-13,427

Adjusted -$1,798 for 8 sqft less living space and -$18,155 for being older and +$3,826 for having a pool. Net adjustment: -$16,127.

3 bed 1,200 sqft Built 1989
Raw Value $32,768
Adjusted Value $-19,972

Adjusted -$32,360 for 144 sqft less living space and -$24,206 for being older and +$3,826 for having a pool. Net adjustment: -$52,740.

3 bed 2 bath 1,339 sqft Built 1984
Raw Value $352,629
Adjusted Value $273,695

Adjusted -$63,597 for 283 sqft less living space and -$19,163 for being older and +$3,826 for having a pool. Net adjustment: -$78,934.

3 bed 2 bath 1,564 sqft Built 1980
Raw Value $469,616
Adjusted Value $344,152

Adjusted -$114,161 for 508 sqft less living space and -$15,129 for being older and +$3,826 for having a pool. Net adjustment: -$125,464.

The Neighborhood

This home is valued 24.9% below the G131481H - Williams Addition 6,7, & 7 AMD median of $304,257. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 7.3% over the past year.

G131481H - Williams Addition 6,7, & 7 AMD

below average
111 Properties
$304,257 Median Value
+7.3% YoY Change
4% Have Pool
92% Have Garage
This Home
$228,359
Median
$304,257

This home is -24.9% below the subdivision median.

Tax Analysis

The estimated annual property tax is $3,612 across all districts. With a homestead exemption claimed, that drops to $2,070 — saving $1,542 per year. That's $173 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

DistrictTypeRateAnnual Amount
Georgetown ISDSchool1.0506%$2,088
Williamson CountyCounty0.3694%$734
GeorgetownCity0.3530%$702
Williamson County FM/RdCounty0.0443%$88
Williamson Central Appraisal Districtcad0.0000%$0
Tax District (T06)other0.0000%$0
Total Annual Tax1.8174%$3,612

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $273,695 would pay approximately $1,708 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/17/2026.

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