120 PENNY LN, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $318,576 and $391,333, with a best estimate of $337,706. That places the property below the G740594D - Gabriel Estates median of $460,053, in a neighborhood that declined 11.4% over the past year.
Estimated Value Range
$337,706
$372,483
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G740594D - Gabriel Estates, this home's estimated market value is between $318,576 and $391,333. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$111,134 for 597 sqft less living space and -$2,512 for being older. Net adjustment: -$113,646.
Adjusted -$94,752 for 509 sqft less living space and -$1,675 for being older. Net adjustment: -$96,427.
Adjusted -$139,802 for 751 sqft less living space and -$1,675 for being older. Net adjustment: -$141,477.
Adjusted -$45,422 for 244 sqft less living space. Net adjustment: -$45,422.
Adjusted -$110,762 for 595 sqft less living space and -$1,675 for being older. Net adjustment: -$112,437.
The Neighborhood
This home is valued 19.0% below the G740594D - Gabriel Estates median of $460,053. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 11.4% over the past year.
G740594D - Gabriel Estates
below averageThis home is -19.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,769 across all districts. With a homestead exemption claimed, that drops to $5,164 — saving $1,605 per year. That's $430 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% | $3,913 |
| Williamson County | County | 0.3694% | $1,376 |
| Georgetown | City | 0.3530% | $1,315 |
| Williamson County FM/Rd | County | 0.0443% | $165 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,769 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $337,706 would pay approximately $2,108 per month (principal and interest only, excluding taxes and insurance).