116 THORNWOOD RD, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $348,139 and $526,182, with a best estimate of $383,503. That places the property below the G127507D - REATA TRAILS-BRIARWOOD median of $406,622, in a neighborhood that declined 5.0% over the past year.
Estimated Value Range
$383,503
$412,659
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G127507D - REATA TRAILS-BRIARWOOD, this home's estimated market value is between $348,139 and $526,182. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$86,458 for 415 sqft less living space and -$1,269 for being older. Net adjustment: -$87,727.
Adjusted -$28,750 for 138 sqft less living space and -$2,285 for being older and -$4,663 for no pool. Net adjustment: -$35,698.
Adjusted +$70,208 for 337 sqft more living space and -$254 for being older. Net adjustment: +$69,954.
Adjusted -$32,708 for 157 sqft less living space and -$762 for being older. Net adjustment: -$33,470.
Adjusted +$7,500 for 36 sqft more living space and -$1,523 for being older. Net adjustment: +$5,977.
The Neighborhood
This home is valued 1.5% above the G127507D - REATA TRAILS-BRIARWOOD median of $406,622. With 244 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.0% over the past year.
G127507D - REATA TRAILS-BRIARWOOD
typicalThis home is +1.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,500 across all districts. With a homestead exemption claimed, that drops to $5,880 — saving $1,620 per year. That's $490 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% | $4,335 |
| Williamson County | County | 0.3694% | $1,525 |
| Georgetown | City | 0.3530% | $1,457 |
| Williamson County FM/Rd | County | 0.0443% | $183 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,500 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $383,503 would pay approximately $2,394 per month (principal and interest only, excluding taxes and insurance).