2016 RABBIT CREEK DR, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $480,112 and $811,322, with a best estimate of $695,168. That places the property above the G571617B - Teravista Sec 40 median of $505,314, in a neighborhood that declined 8.5% over the past year.
Estimated Value Range
$695,168
$612,371
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G571617B - Teravista Sec 40, this home's estimated market value is between $480,112 and $811,322. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$112,528 for 511 sqft more living space. Net adjustment: +$112,528.
Adjusted +$142,917 for 649 sqft more living space. Net adjustment: +$142,917.
Adjusted -$113,409 for 515 sqft less living space. Net adjustment: -$113,409.
Adjusted -$145,780 for 662 sqft less living space and +$12,321 for being newer. Net adjustment: -$133,459.
Adjusted +$22,902 for 104 sqft more living space and +$12,321 for being newer. Net adjustment: +$35,223.
The Neighborhood
This home is valued 21.2% above the G571617B - Teravista Sec 40 median of $505,314. With 540 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.5% over the past year.
G571617B - Teravista Sec 40
above averageThis home is +21.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,481 across all districts. With a homestead exemption claimed, that drops to $10,897 — saving $1,584 per year. That's $908 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% | $6,434 |
| Williamson County MUD #15 | MUD | 0.4825% | $2,955 |
| Williamson County | County | 0.3694% | $2,262 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $558 |
| Williamson County FM/Rd | County | 0.0443% | $271 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $12,481 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $695,168 would pay approximately $4,339 per month (principal and interest only, excluding taxes and insurance).