116 GREENWAY LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $153,313 and $379,248, with a best estimate of $274,271. That places the property below the I411416C - MORNING STAR median of $366,054, in a neighborhood that appreciated 2.4% over the past year.
Estimated Value Range
$274,271
$315,478
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $153,313 and $379,248. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$14,978 for 60 sqft less living space and -$44,802 for being older. Net adjustment: -$59,780.
Adjusted -$136,802 for 548 sqft less living space and -$67,203 for being older. Net adjustment: -$204,005.
Adjusted -$191,223 for 766 sqft less living space and -$56,003 for being older. Net adjustment: -$247,226.
Adjusted +$34,450 for 138 sqft more living space and -$67,203 for being older. Net adjustment: -$32,753.
Adjusted -$70,648 for 283 sqft less living space and -$44,802 for being older. Net adjustment: -$115,450.
The Neighborhood
This home is valued 13.8% below the I411416C - MORNING STAR median of $366,054. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 2.4% over the past year.
I411416C - MORNING STAR
typicalThis home is -13.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,351 across all districts. With a homestead exemption claimed, that drops to $6,559 — saving $1,792 per year. That's $547 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% | $3,908 |
| Williamson County MUD #23 | MUD | 0.9200% | $2,902 |
| Williamson County | County | 0.3694% | $1,166 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $235 |
| Williamson County FM/Rd | County | 0.0443% | $140 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.6472% | $8,351 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $274,271 would pay approximately $1,712 per month (principal and interest only, excluding taxes and insurance).