405 PREAKNESS PLACE, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $297,842 and $462,410, with a best estimate of $401,362. That places the property above the G540594E - Stonehedge Sec 1,2, & 3 median of $377,452, in a neighborhood that declined 9.4% over the past year.
Estimated Value Range
$401,362
$316,393
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G540594E - Stonehedge Sec 1,2, & 3, this home's estimated market value is between $297,842 and $462,410. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$2,139 for 8 sqft more living space. Net adjustment: +$2,139.
Adjusted +$87,979 for 329 sqft more living space. Net adjustment: +$87,979.
Adjusted +$82,631 for 309 sqft more living space. Net adjustment: +$82,631.
Adjusted -$56,959 for 213 sqft less living space and -$2,539 for being older. Net adjustment: -$59,498.
Adjusted +$60,970 for 228 sqft more living space. Net adjustment: +$60,970.
The Neighborhood
This home is valued 16.2% below the G540594E - Stonehedge Sec 1,2, & 3 median of $377,452. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 9.4% over the past year.
G540594E - Stonehedge Sec 1,2, & 3
below averageThis home is -16.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,750 across all districts. With a homestead exemption claimed, that drops to $4,165 — saving $1,585 per year. That's $347 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% | $3,324 |
| Williamson County | County | 0.3694% | $1,169 |
| Georgetown | City | 0.3530% | $1,117 |
| Williamson County FM/Rd | County | 0.0443% | $140 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,750 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $401,362 would pay approximately $2,505 per month (principal and interest only, excluding taxes and insurance).