1247 FALLING HILLS DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $439,712 and $507,053, with a best estimate of $464,382. That places the property below the G172613B - WATER OAK NORTH median of $501,966, in a neighborhood that declined 3.7% over the past year.
Estimated Value Range
$464,382
$478,661
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G172613B - WATER OAK NORTH, this home's estimated market value is between $439,712 and $507,053. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$33,005 for 155 sqft less living space and -$10,853 for being older. Net adjustment: -$43,858.
Adjusted +$47,484 for 223 sqft more living space and -$10,853 for being older. Net adjustment: +$36,631.
Adjusted +$12,989 for 61 sqft more living space and -$10,853 for being older. Net adjustment: +$2,136.
Adjusted -$18,099 for 85 sqft less living space and -$5,426 for being older. Net adjustment: -$23,525.
Adjusted +$79,850 for 375 sqft more living space and -$10,853 for being older. Net adjustment: +$68,997.
The Neighborhood
This home is valued 4.6% below the G172613B - WATER OAK NORTH median of $501,966. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.7% over the past year.
G172613B - WATER OAK NORTH
typicalThis home is -4.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $11,850 across all districts. With a homestead exemption claimed, that drops to $10,290 — saving $1,560 per year. That's $858 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% | $5,029 |
| Williamson County MUD #25 | MUD | 0.9200% | $4,404 |
| Williamson County | County | 0.3694% | $1,768 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $437 |
| Williamson County FM/Rd | County | 0.0443% | $212 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4756% | $11,850 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $464,382 would pay approximately $2,899 per month (principal and interest only, excluding taxes and insurance).