112 MELISSA CT, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $325,355 and $368,044, with a best estimate of $333,060. 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
$333,060
$332,851
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 $325,355 and $368,044. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$3,234 for 16 sqft less living space and -$4,913 for being older. Net adjustment: -$8,147.
Adjusted +$48,103 for 238 sqft more living space and -$4,913 for being older. Net adjustment: +$43,190.
Adjusted +$7,882 for 39 sqft more living space. Net adjustment: +$7,882.
Adjusted +$5,659 for 28 sqft more living space and +$9,825 for being newer. Net adjustment: +$15,484.
Adjusted +$84,483 for 418 sqft more living space and +$9,825 for being newer. Net adjustment: +$94,308.
The Neighborhood
This home is valued 3.8% 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 +3.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,049 across all districts. With a homestead exemption claimed, that drops to $4,458 — saving $1,591 per year. That's $372 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% | $3,497 |
| Williamson County | County | 0.3694% | $1,230 |
| Georgetown | City | 0.3530% | $1,175 |
| Williamson County FM/Rd | County | 0.0443% | $148 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,049 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $333,060 would pay approximately $2,079 per month (principal and interest only, excluding taxes and insurance).