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505 GOODNIGHT DR, GEORGETOWN, TX 78628

GEORGETOWN, 78628 — williamson County

4 bed4 bath3,768 sqftBuilt 2016

Property at a Glance

This home is estimated between $1,038,343 and $1,359,850, with a best estimate of $1,117,829. That places the property below the I420701A - Cimarron Hills median of $1,461,889, in a neighborhood that declined 1.6% over the past year.

Estimated Value Range

$1,038,343 $1,359,850
Best Estimate
$1,117,829
WCAD Value
$1,308,384
Low Confidence

Based on 5 comparable properties(0 in the same subdivision)

There are 5 comparable properties within range, but none are in I420701A - Cimarron Hills. The estimated range of $1,038,343 and $1,359,850 should be treated as a rough guide.

Comparable Properties (5)

4 bed 2,532 sqft Built 2024
Raw Value $881,640
Adjusted Value $1,359,850

Adjusted +$452,956 for 1,236 sqft more living space and +$25,254 for being newer. Net adjustment: +$478,210.

4 bed 3 bath 2,673 sqft Built 2025
Raw Value $608,648
Adjusted Value $1,038,343

Adjusted +$401,284 for 1,095 sqft more living space and +$28,411 for being newer. Net adjustment: +$429,695.

4 bed 4 bath 2,139 sqft Built 2025
Raw Value $687,423
Adjusted Value $1,312,812

Adjusted +$596,978 for 1,629 sqft more living space and +$28,411 for being newer. Net adjustment: +$625,389.

4 bed 3 bath 2,395 sqft Built 2025
Raw Value $586,256
Adjusted Value $1,117,829

Adjusted +$503,162 for 1,373 sqft more living space and +$28,411 for being newer. Net adjustment: +$531,573.

3 bed 2 bath 2,981 sqft Built 2010
Raw Value $789,577
Adjusted Value $1,059,047

Adjusted +$288,411 for 787 sqft more living space and -$18,941 for being older. Net adjustment: +$269,470.

The Neighborhood

This home is valued 10.5% below the I420701A - Cimarron Hills median of $1,461,889. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.6% over the past year.

I420701A - Cimarron Hills

typical
245 Properties
$1,461,889 Median Value
-1.6% YoY Change
2% Have Pool
99% Have Garage
This Home
$1,308,384
Median
$1,461,889

This home is -10.5% below the subdivision median.

Tax Analysis

The estimated annual property tax is $20,134 across all districts. With a homestead exemption claimed, that drops to $18,422 — saving $1,712 per year. That's $1,535 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

DistrictTypeRateAnnual Amount
Georgetown ISDSchool1.0506%$13,746
Williamson CountyCounty0.3694%$4,834
Williamson County ESD #4 - Liberty HillESD0.0745%$975
Williamson County FM/RdCounty0.0443%$580
Cimarron Hills PIDpid0.0000%$0
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.5389%$20,134

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $1,117,829 would pay approximately $6,977 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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