125 MELISSA CT, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $288,545 and $371,919, with a best estimate of $342,139. That places the property above the G194597G - Village of River Bend median of $320,800, in a neighborhood that declined 3.6% over the past year.
Estimated Value Range
$342,139
$317,093
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $288,545 and $371,919. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$28,296 for 140 sqft less living space and -$4,913 for being older and -$6,294 for no pool. Net adjustment: -$39,503.
Adjusted +$40,625 for 201 sqft more living space and -$4,913 for being older. Net adjustment: +$35,712.
Adjusted -$24,051 for 119 sqft less living space and -$9,825 for being older. Net adjustment: -$33,876.
Adjusted -$72,963 for 361 sqft less living space. Net adjustment: -$72,963.
Adjusted +$1,415 for 7 sqft more living space and -$9,825 for being older and -$6,294 for no pool. Net adjustment: -$14,704.
The Neighborhood
This home is valued 1.2% below the G194597G - Village of River Bend median of $320,800. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.6% over the past year.
G194597G - Village of River Bend
typicalThis home is -1.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,763 across all districts. With a homestead exemption claimed, that drops to $4,177 — saving $1,586 per year. That's $348 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% | $3,331 |
| Williamson County | County | 0.3694% | $1,171 |
| Georgetown | City | 0.3530% | $1,119 |
| Williamson County FM/Rd | County | 0.0443% | $141 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,763 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $342,139 would pay approximately $2,136 per month (principal and interest only, excluding taxes and insurance).