2241 RIVER PLACE LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $289,607 and $432,393, with a best estimate of $295,564. That places the property below the I412418C - LIVELY RANCH median of $376,432, in a neighborhood that appreciated 45.3% over the past year.
Estimated Value Range
$295,564
$314,502
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in I412418C - LIVELY RANCH, this home's estimated market value is between $289,607 and $432,393. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$80,372 for 419 sqft less living space. Net adjustment: -$80,372.
Adjusted -$80,372 for 419 sqft less living space. Net adjustment: -$80,372.
Adjusted -$76,344 for 398 sqft less living space. Net adjustment: -$76,344.
Adjusted +$18,031 for 94 sqft more living space and +$862 for being newer. Net adjustment: +$18,893.
Adjusted -$80,372 for 419 sqft less living space and -$862 for being older. Net adjustment: -$81,234.
The Neighborhood
This home is valued 16.5% below the I412418C - LIVELY RANCH median of $376,432. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 45.3% over the past year.
I412418C - LIVELY RANCH
below averageThis home is -16.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,577 across all districts. With a homestead exemption claimed, that drops to $5,784 — saving $1,793 per year. That's $482 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 |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $3,896 |
| West Williamson County MUD #2 | MUD | 0.6820% | $2,145 |
| Williamson County | County | 0.3694% | $1,162 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $234 |
| Williamson County FM/Rd | County | 0.0443% | $139 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4092% | $7,577 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $295,564 would pay approximately $1,845 per month (principal and interest only, excluding taxes and insurance).