400 W MAJESTIC OAK LN, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $849,307 and $1,096,480, with a best estimate of $1,042,213. That places the property above the G720601C - WOODLAND PARK & WOODLAND PARK WEST median of $936,407, in a neighborhood that declined 4.3% over the past year.
Estimated Value Range
$1,042,213
$1,066,922
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G720601C - WOODLAND PARK & WOODLAND PARK WEST, this home's estimated market value is between $849,307 and $1,096,480. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$90,735 for 311 sqft more living space and -$55,985 for being older. Net adjustment: +$34,750.
Adjusted +$58,351 for 200 sqft more living space and -$7,998 for being older. Net adjustment: +$50,353.
Adjusted -$133,039 for 456 sqft less living space and -$55,985 for being older. Net adjustment: -$189,024.
Adjusted +$182,637 for 626 sqft more living space and -$47,987 for being older. Net adjustment: +$134,650.
Adjusted +$92,486 for 317 sqft more living space and -$55,985 for being older. Net adjustment: +$36,501.
The Neighborhood
This home is valued 13.9% above the G720601C - WOODLAND PARK & WOODLAND PARK WEST median of $936,407. With 320 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.3% over the past year.
G720601C - WOODLAND PARK & WOODLAND PARK WEST
typicalThis home is +13.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $16,597 across all districts. With a homestead exemption claimed, that drops to $14,929 — saving $1,668 per year. That's $1,244 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% | $11,209 |
| Williamson County | County | 0.3694% | $3,942 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $973 |
| Williamson County FM/Rd | County | 0.0443% | $473 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $16,597 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,042,213 would pay approximately $6,505 per month (principal and interest only, excluding taxes and insurance).