1648 MAGNOLIA FARM WAY, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $319,856 and $418,792, with a best estimate of $352,407. That places the property below the I412418C - LIVELY RANCH median of $376,432, in a neighborhood that appreciated 45.3% over the past year.
Estimated Value Range
$352,407
$362,115
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in I412418C - LIVELY RANCH, this home's estimated market value is between $319,856 and $418,792. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$38,364 for 200 sqft more living space. Net adjustment: +$38,364.
Adjusted -$14,578 for 76 sqft less living space. Net adjustment: -$14,578.
Adjusted -$89,771 for 468 sqft less living space. Net adjustment: -$89,771.
Adjusted -$39,706 for 207 sqft less living space and -$862 for being older. Net adjustment: -$40,568.
Adjusted -$28,965 for 151 sqft less living space. Net adjustment: -$28,965.
The Neighborhood
This home is valued 3.8% below the I412418C - LIVELY RANCH median of $376,432. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 45.3% over the past year.
I412418C - LIVELY RANCH
typicalThis home is -3.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,724 across all districts. With a homestead exemption claimed, that drops to $6,923 — saving $1,801 per year. That's $577 per month a buyer should budget. The assessed value increased +26.2% vs the subdivision average of +45.3%. This increase gives a protest opportunity score of 45 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $4,486 |
| West Williamson County MUD #2 | MUD | 0.6820% | $2,470 |
| Williamson County | County | 0.3694% | $1,338 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $270 |
| Williamson County FM/Rd | County | 0.0443% | $161 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4092% | $8,724 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $352,407 would pay approximately $2,200 per month (principal and interest only, excluding taxes and insurance).