623 LUTHER DR #A & B, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $271,400 and $359,327, with a best estimate of $324,645. That places the property below the G242X - Georgetown East Duplex median of $422,527, in a neighborhood that appreciated 0.5% over the past year.
Estimated Value Range
$324,645
$349,882
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G242X - Georgetown East Duplex, this home's estimated market value is between $271,400 and $359,327. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$41,182 for 124 sqft less living space. Net adjustment: -$41,182.
Adjusted -$100,962 for 304 sqft less living space. Net adjustment: -$100,962.
Adjusted -$100,962 for 304 sqft less living space. Net adjustment: -$100,962.
Adjusted -$41,182 for 124 sqft less living space. Net adjustment: -$41,182.
Adjusted +$19,263 for 58 sqft more living space. Net adjustment: +$19,263.
The Neighborhood
This home is valued 17.2% below the G242X - Georgetown East Duplex median of $422,527. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 0.5% over the past year.
G242X - Georgetown East Duplex
below averageThis home is -17.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,359 across all districts. With a homestead exemption claimed, that drops to $4,761 — saving $1,598 per year. That's $397 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% | $3,676 |
| Williamson County | County | 0.3694% | $1,293 |
| Georgetown | City | 0.3530% | $1,235 |
| Williamson County FM/Rd | County | 0.0443% | $155 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,359 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $324,645 would pay approximately $2,026 per month (principal and interest only, excluding taxes and insurance).