124 MELISSA CT, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $376,741 and $403,253, with a best estimate of $382,410. That places the property above the G194597G - Village of River Bend median of $320,800, in a neighborhood that declined 3.6% over the past year.
Estimated Value Range
$382,410
$361,508
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G194597G - Village of River Bend, this home's estimated market value is between $376,741 and $403,253. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$57,400 for 284 sqft more living space. Net adjustment: +$57,400.
Adjusted +$10,914 for 54 sqft more living space. Net adjustment: +$10,914.
Adjusted +$97,620 for 483 sqft more living space and -$4,913 for being older. Net adjustment: +$92,707.
Adjusted +$46,284 for 229 sqft more living space and -$4,913 for being older. Net adjustment: +$41,371.
Adjusted +$55,177 for 273 sqft more living space and +$4,913 for being newer. Net adjustment: +$60,090.
The Neighborhood
This home is valued 12.7% above the G194597G - Village of River Bend median of $320,800. With 61 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.6% over the past year.
G194597G - Village of River Bend
typicalThis home is +12.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,570 across all districts. With a homestead exemption claimed, that drops to $4,969 — saving $1,601 per year. That's $414 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% | $3,798 |
| Williamson County | County | 0.3694% | $1,336 |
| Georgetown | City | 0.3530% | $1,276 |
| Williamson County FM/Rd | County | 0.0443% | $160 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,570 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $382,410 would pay approximately $2,387 per month (principal and interest only, excluding taxes and insurance).