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206 WATER SONG LN, GEORGETOWN, TX 78628

GEORGETOWN, 78628 — williamson County

5 bed5 bath3,317 sqftBuilt 2021

Property at a Glance

This home is estimated between $1,061,108 and $1,488,688, with a best estimate of $1,182,434. That places the property below the I420701A - Cimarron Hills median of $1,461,889, in a neighborhood that declined 1.6% over the past year.

Estimated Value Range

$1,061,108 $1,488,688
Best Estimate
$1,182,434
WCAD Value
$1,482,923
High Confidence

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

Based on 5 comparable properties in I420701A - Cimarron Hills, this home's estimated market value is between $1,061,108 and $1,488,688. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

208 WATER SONG LN, GEORGETOWN, TX 78628
0.03 mi 100% similar Same subdivision
4 bed 4 bath 4,252 sqft Built 2022
Raw Value $1,692,635
Adjusted Value $1,353,143

Adjusted -$342,649 for 935 sqft less living space and +$3,157 for being newer. Net adjustment: -$339,492.

202 WATER SONG, GEORGETOWN, TX 78628
0.05 mi 100% similar Same subdivision
5 bed 4 bath 4,395 sqft Built 2021
Raw Value $1,462,920
Adjusted Value $1,067,866

Adjusted -$395,054 for 1,078 sqft less living space. Net adjustment: -$395,054.

311 GOODNIGHT DR, GEORGETOWN, TX 78628
0.07 mi 100% similar Same subdivision
4 bed 3 bath 3,455 sqft Built 2021
Raw Value $1,233,007
Adjusted Value $1,182,434

Adjusted -$50,573 for 138 sqft less living space. Net adjustment: -$50,573.

200 WATER SONG, GEORGETOWN, TX 78628
0.07 mi 100% similar Same subdivision
5 bed 6 bath 3,805 sqft Built 2022
Raw Value $1,664,368
Adjusted Value $1,488,688

Adjusted -$178,837 for 488 sqft less living space and +$3,157 for being newer. Net adjustment: -$175,680.

309 GOODNIGHT DR, GEORGETOWN, TX 78628
0.08 mi 100% similar Same subdivision
4 bed 4 bath 4,224 sqft Built 2020
Raw Value $1,396,653
Adjusted Value $1,061,108

Adjusted -$332,388 for 907 sqft less living space and -$3,157 for being older. Net adjustment: -$335,545.

The Neighborhood

This home is valued 1.4% above the I420701A - Cimarron Hills median of $1,461,889. With 245 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.6% over the past year.

I420701A - Cimarron Hills

typical
245 Properties
$1,461,889 Median Value
-1.6% YoY Change
2% Have Pool
99% Have Garage
This Home
$1,482,923
Median
$1,461,889

This home is +1.4% above the subdivision median.

Tax Analysis

The estimated annual property tax is $25,613 across all districts. With a homestead exemption claimed, that drops to $23,604 — saving $2,009 per year. That's $1,967 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
Liberty Hill ISDSchool1.2389%$18,372
Williamson CountyCounty0.3694%$5,479
Williamson County ESD #4 - Liberty HillESD0.0745%$1,105
Williamson County FM/RdCounty0.0443%$657
Cimarron Hills PIDpid0.0000%$0
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7272%$25,613

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $1,182,434 would pay approximately $7,381 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 4/18/2026.

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