118 BRAZOS DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $361,455 and $398,254, with a best estimate of $379,536. That places the property below the G198502E - Texas Traditions, PH 1 median of $384,298, in a neighborhood that appreciated 1.7% over the past year.
Estimated Value Range
$379,536
$373,865
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G198502E - Texas Traditions, PH 1, this home's estimated market value is between $361,455 and $398,254. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$15,472 for 79 sqft more living space and +$10,689 for being newer. Net adjustment: +$26,161.
Adjusted -$17,234 for 88 sqft less living space and +$7,126 for being newer. Net adjustment: -$10,108.
Adjusted -$41,715 for 213 sqft less living space and +$10,689 for being newer. Net adjustment: -$31,026.
Adjusted -$19,193 for 98 sqft less living space and +$7,126 for being newer. Net adjustment: -$12,067.
Adjusted +$96,943 for 495 sqft more living space and +$7,126 for being newer. Net adjustment: +$104,069.
The Neighborhood
This home is valued 2.7% below the G198502E - Texas Traditions, PH 1 median of $384,298. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 1.7% over the past year.
G198502E - Texas Traditions, PH 1
typicalThis home is -2.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,816 across all districts. With a homestead exemption claimed, that drops to $4,276 — saving $1,540 per year. That's $356 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% | $3,928 |
| Williamson County | County | 0.3694% | $1,381 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $341 |
| Williamson County FM/Rd | County | 0.0443% | $166 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $5,816 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $379,536 would pay approximately $2,369 per month (principal and interest only, excluding taxes and insurance).