500 W MAJESTIC OAK LN, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $1,017,870 and $1,179,462, with a best estimate of $1,082,705. That places the property above 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
$1,082,705
$1,102,008
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 $1,017,870 and $1,179,462. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$184,680 for 633 sqft more living space and -$31,991 for being older. Net adjustment: +$152,689.
Adjusted +$93,361 for 320 sqft more living space. Net adjustment: +$93,361.
Adjusted -$26,258 for 90 sqft less living space and -$23,993 for being older. Net adjustment: -$50,251.
Adjusted +$320,636 for 1,099 sqft more living space and -$15,996 for being older. Net adjustment: +$304,640.
Adjusted -$41,429 for 142 sqft less living space and -$7,998 for being older. Net adjustment: -$49,427.
The Neighborhood
This home is valued 17.7% above the G720601C - WOODLAND PARK & WOODLAND PARK WEST median of $936,407. With 320 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.3% over the past year.
G720601C - WOODLAND PARK & WOODLAND PARK WEST
above averageThis home is +17.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $17,143 across all districts. With a homestead exemption claimed, that drops to $15,468 — saving $1,675 per year. That's $1,289 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% | $11,578 |
| Williamson County | County | 0.3694% | $4,071 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $1,005 |
| Williamson County FM/Rd | County | 0.0443% | $489 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $17,143 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,082,705 would pay approximately $6,758 per month (principal and interest only, excluding taxes and insurance).