301 PREAKNESS PLACE, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $201,559 and $421,664, with a best estimate of $386,114. 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
$386,114
$389,048
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 $201,559 and $421,664. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$43,856 for 164 sqft more living space. Net adjustment: +$43,856.
Adjusted +$12,034 for 45 sqft more living space. Net adjustment: +$12,034.
Adjusted -$86,107 for 322 sqft less living space. Net adjustment: -$86,107.
Adjusted -$144,136 for 539 sqft less living space. Net adjustment: -$144,136.
Adjusted +$78,620 for 294 sqft more living space. Net adjustment: +$78,620.
The Neighborhood
This home is valued 3.1% above the G540594E - Stonehedge Sec 1,2, & 3 median of $377,452. With 381 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 9.4% over the past year.
G540594E - Stonehedge Sec 1,2, & 3
typicalThis home is +3.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,070 across all districts. With a homestead exemption claimed, that drops to $5,459 — saving $1,611 per year. That's $455 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% | $4,087 |
| Williamson County | County | 0.3694% | $1,437 |
| Georgetown | City | 0.3530% | $1,373 |
| Williamson County FM/Rd | County | 0.0443% | $172 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,070 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $386,114 would pay approximately $2,410 per month (principal and interest only, excluding taxes and insurance).