128 MELISSA CT, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $350,594 and $387,910, with a best estimate of $371,664. 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
$371,664
$371,496
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G194597G - Village of River Bend, this home's estimated market value is between $350,594 and $387,910. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$10,914 for 54 sqft less living space. Net adjustment: -$10,914.
Adjusted +$35,370 for 175 sqft more living space and -$4,913 for being older. Net adjustment: +$30,457.
Adjusted +$46,486 for 230 sqft more living space. Net adjustment: +$46,486.
Adjusted +$52,549 for 260 sqft more living space. Net adjustment: +$52,549.
Adjusted +$68,314 for 338 sqft more living space and +$9,825 for being newer. Net adjustment: +$78,139.
The Neighborhood
This home is valued 15.8% above the G194597G - Village of River Bend median of $320,800. With 61 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.6% over the past year.
G194597G - Village of River Bend
above averageThis home is +15.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,751 across all districts. With a homestead exemption claimed, that drops to $5,146 — saving $1,605 per year. That's $429 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% | $3,903 |
| Williamson County | County | 0.3694% | $1,372 |
| Georgetown | City | 0.3530% | $1,311 |
| Williamson County FM/Rd | County | 0.0443% | $165 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,751 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $371,664 would pay approximately $2,320 per month (principal and interest only, excluding taxes and insurance).