40103 PENNINGTON LN, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $432,738 and $684,616, with a best estimate of $541,958. That places the property above the G401590F - Pennington Place median of $477,914, in a neighborhood that declined 11.9% over the past year.
Estimated Value Range
$541,958
$513,251
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G401590F - Pennington Place, this home's estimated market value is between $432,738 and $684,616. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$30,833 for 130 sqft less living space. Net adjustment: -$30,833.
Adjusted +$2,846 for 12 sqft more living space and +$23,690 for being newer. Net adjustment: +$26,536.
Adjusted -$40,082 for 169 sqft less living space and -$44,748 for being older. Net adjustment: -$84,830.
Adjusted -$73,287 for 309 sqft less living space and -$2,632 for being older. Net adjustment: -$75,919.
Adjusted +$32,730 for 138 sqft more living space and +$23,690 for being newer. Net adjustment: +$56,420.
The Neighborhood
This home is valued 7.4% above the G401590F - Pennington Place median of $477,914. With 34 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 11.9% over the past year.
G401590F - Pennington Place
typicalThis home is +7.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,984 across all districts. With a homestead exemption claimed, that drops to $6,418 — saving $1,566 per year. That's $535 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% | $5,392 |
| Williamson County | County | 0.3694% | $1,896 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $468 |
| Williamson County FM/Rd | County | 0.0443% | $228 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $7,984 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $541,958 would pay approximately $3,383 per month (principal and interest only, excluding taxes and insurance).