508 MILLARD ST, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $425,602 and $638,153, with a best estimate of $562,125. That places the property above the I411416C - MORNING STAR median of $366,054, in a neighborhood that appreciated 2.4% over the past year.
Estimated Value Range
$562,125
$588,852
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in I411416C - MORNING STAR, this home's estimated market value is between $425,602 and $638,153. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$3,245 for 13 sqft less living space and +$22,401 for being newer. Net adjustment: +$19,156.
Adjusted -$96,610 for 387 sqft less living space and +$11,201 for being newer. Net adjustment: -$85,409.
Adjusted -$79,385 for 318 sqft less living space and +$22,401 for being newer. Net adjustment: -$56,984.
Adjusted -$34,949 for 140 sqft less living space and +$11,201 for being newer. Net adjustment: -$23,748.
Adjusted -$108,094 for 433 sqft less living space. Net adjustment: -$108,094.
The Neighborhood
This home is valued 60.9% above the I411416C - MORNING STAR median of $366,054. With 1,887 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 2.4% over the past year.
I411416C - MORNING STAR
outlier highThis home is +60.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,588 across all districts. With a homestead exemption claimed, that drops to $13,745 — saving $1,843 per year. That's $1,145 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% | $7,295 |
| Williamson County MUD #23 | MUD | 0.9200% | $5,417 |
| Williamson County | County | 0.3694% | $2,175 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $439 |
| Williamson County FM/Rd | County | 0.0443% | $261 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.6472% | $15,588 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $562,125 would pay approximately $3,509 per month (principal and interest only, excluding taxes and insurance).