505 WOODLAND PARK, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $864,556 and $1,228,491, with a best estimate of $902,851. That places the property below 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
$902,851
$895,036
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 $864,556 and $1,228,491. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$20,714 for 71 sqft less living space and +$7,998 for being newer. Net adjustment: -$12,716.
Adjusted +$202,768 for 695 sqft more living space and -$7,998 for being older. Net adjustment: +$194,770.
Adjusted +$100,946 for 346 sqft more living space and -$7,998 for being older. Net adjustment: +$92,948.
Adjusted -$61,560 for 211 sqft less living space and -$23,993 for being older. Net adjustment: -$85,553.
Adjusted -$106,490 for 365 sqft less living space and -$7,998 for being older. Net adjustment: -$114,488.
The Neighborhood
This home is valued 4.4% below the G720601C - WOODLAND PARK & WOODLAND PARK WEST median of $936,407. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.3% over the past year.
G720601C - WOODLAND PARK & WOODLAND PARK WEST
typicalThis home is -4.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $13,923 across all districts. With a homestead exemption claimed, that drops to $12,287 — saving $1,636 per year. That's $1,024 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% | $9,403 |
| Williamson County | County | 0.3694% | $3,307 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $816 |
| Williamson County FM/Rd | County | 0.0443% | $397 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $13,923 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $902,851 would pay approximately $5,636 per month (principal and interest only, excluding taxes and insurance).