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506 CENTRAL DR E, GEORGETOWN, TX 78628

GEORGETOWN, 78628 — williamson County

3 bed2 bath1,260 sqftBuilt 1981

Property at a Glance

This home is estimated between $253,555 and $267,384, with a best estimate of $260,642. That places the property below the G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge median of $299,839, in a neighborhood that declined 1.9% over the past year.

Estimated Value Range

$253,555 $267,384
Best Estimate
$260,642
WCAD Value
$264,965
High Confidence

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

Based on 5 comparable properties in G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge, this home's estimated market value is between $253,555 and $267,384. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

504 CENTRAL DR E, GEORGETOWN, TX 78628
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,276 sqft Built 1981
Raw Value $270,646
Adjusted Value $267,384

Adjusted -$3,262 for 16 sqft less living space. Net adjustment: -$3,262.

600 CENTRAL DR E, GEORGETOWN, TX 78628
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,344 sqft Built 1981
Raw Value $277,765
Adjusted Value $260,642

Adjusted -$17,123 for 84 sqft less living space. Net adjustment: -$17,123.

502 CENTRAL DR E, GEORGETOWN, TX 78628
0.03 mi 100% similar Same subdivision
3 bed 2 bath 1,288 sqft Built 1981
Raw Value $269,947
Adjusted Value $264,239

Adjusted -$5,708 for 28 sqft less living space. Net adjustment: -$5,708.

1800 THORNTON LN, GEORGETOWN, TX 78628
0.03 mi 100% similar Same subdivision
3 bed 2 bath 1,356 sqft Built 1981
Raw Value $277,895
Adjusted Value $258,326

Adjusted -$19,569 for 96 sqft less living space. Net adjustment: -$19,569.

602 CENTRAL DR E, GEORGETOWN, TX 78628
0.03 mi 100% similar Same subdivision
3 bed 2 bath 1,391 sqft Built 1981
Raw Value $280,259
Adjusted Value $253,555

Adjusted -$26,704 for 131 sqft less living space. Net adjustment: -$26,704.

The Neighborhood

This home is valued 11.6% below the G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge median of $299,839. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.9% over the past year.

G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge

typical
309 Properties
$299,839 Median Value
-1.9% YoY Change
4% Have Pool
88% Have Garage
This Home
$264,965
Median
$299,839

This home is -11.6% below the subdivision median.

Tax Analysis

The estimated annual property tax is $4,815 across all districts. With a homestead exemption claimed, that drops to $3,249 — saving $1,566 per year. That's $271 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%$2,784
Williamson CountyCounty0.3694%$979
GeorgetownCity0.3530%$935
Williamson County FM/RdCounty0.0443%$117
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.8174%$4,815

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $260,642 would pay approximately $1,627 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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