40102 PENNINGTON LN, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $498,386 and $598,081, with a best estimate of $532,026. That places the property above the G401590F - Pennington Place median of $477,914, in a neighborhood that declined 11.9% over the past year.
Estimated Value Range
$532,026
$769,446
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G401590F - Pennington Place, this home's estimated market value is between $498,386 and $598,081. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$18,025 for 76 sqft more living space and -$13,161 for being older. Net adjustment: +$4,864.
Adjusted -$33,204 for 140 sqft less living space and +$42,116 for being newer. Net adjustment: +$8,912.
Adjusted +$40,082 for 169 sqft more living space and +$44,748 for being newer. Net adjustment: +$84,830.
Adjusted +$9,250 for 39 sqft more living space and +$44,748 for being newer. Net adjustment: +$53,998.
Adjusted +$86,094 for 363 sqft more living space and +$31,587 for being newer. Net adjustment: +$117,681.
The Neighborhood
This home is valued 61.0% above the G401590F - Pennington Place median of $477,914. With 34 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 11.9% over the past year.
G401590F - Pennington Place
outlier highThis home is +61.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,969 across all districts. With a homestead exemption claimed, that drops to $10,356 — saving $1,613 per year. That's $863 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% | $8,084 |
| Williamson County | County | 0.3694% | $2,843 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $702 |
| Williamson County FM/Rd | County | 0.0443% | $341 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $11,969 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $532,026 would pay approximately $3,321 per month (principal and interest only, excluding taxes and insurance).