1624 MAGNOLIA FARM WAY, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $348,820 and $391,080, with a best estimate of $353,952. That places the property below the I412418C - LIVELY RANCH median of $376,432, in a neighborhood that appreciated 45.3% over the past year.
Estimated Value Range
$353,952
$447,757
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in I412418C - LIVELY RANCH, this home's estimated market value is between $348,820 and $391,080. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$14,386 for 75 sqft more living space. Net adjustment: +$14,386.
Adjusted -$65,985 for 344 sqft less living space. Net adjustment: -$65,985.
Adjusted +$28,965 for 151 sqft more living space. Net adjustment: +$28,965.
Adjusted -$60,806 for 317 sqft less living space. Net adjustment: -$60,806.
Adjusted -$10,742 for 56 sqft less living space and -$862 for being older. Net adjustment: -$11,604.
The Neighborhood
This home is valued 18.9% above the I412418C - LIVELY RANCH median of $376,432. With 912 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 45.3% over the past year.
I412418C - LIVELY RANCH
above averageThis home is +18.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,787 across all districts. With a homestead exemption claimed, that drops to $8,970 — saving $1,817 per year. That's $748 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 |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $5,547 |
| West Williamson County MUD #2 | MUD | 0.6820% | $3,054 |
| Williamson County | County | 0.3694% | $1,654 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $334 |
| Williamson County FM/Rd | County | 0.0443% | $198 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4092% | $10,787 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $353,952 would pay approximately $2,209 per month (principal and interest only, excluding taxes and insurance).