2503 OAK LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $415,813 and $744,546, with a best estimate of $449,975. That places the property above the G127X - Georgetown West Duplex median of $305,492, in a neighborhood that declined 2.9% over the past year.
Estimated Value Range
$449,975
$415,813
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in G127X - Georgetown West Duplex. The estimated range of $415,813 and $744,546 should be treated as a rough guide.
Comparable Properties (5)
This comparable closely matches the subject property's features.
Adjusted -$37,723 for 176 sqft less living space and +$1,972 for being newer. Net adjustment: -$35,751.
Adjusted -$78,017 for 364 sqft less living space and -$19,722 for being older. Net adjustment: -$97,739.
Adjusted +$126,457 for 590 sqft more living space and -$13,806 for being older. Net adjustment: +$112,651.
Adjusted +$48,439 for 226 sqft more living space and +$23,667 for being newer. Net adjustment: +$72,106.
The Neighborhood
This home is valued 36.1% above the G127X - Georgetown West Duplex median of $305,492. With 410 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 2.9% over the past year.
G127X - Georgetown West Duplex
above averageThis home is +36.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,557 across all districts. With a homestead exemption claimed, that drops to $5,936 — saving $1,621 per year. That's $495 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% | $4,369 |
| Williamson County | County | 0.3694% | $1,536 |
| Georgetown | City | 0.3530% | $1,468 |
| Williamson County FM/Rd | County | 0.0443% | $184 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,557 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $449,975 would pay approximately $2,809 per month (principal and interest only, excluding taxes and insurance).