118 MAHOGANY LN, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $254,663 and $308,942, with a best estimate of $282,102. That places the property below the G315496H - Crystal Knoll Terrace, All Sections median of $292,812, in a neighborhood that declined 4.2% over the past year.
Estimated Value Range
$282,102
$333,174
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G315496H - Crystal Knoll Terrace, All Sections, this home's estimated market value is between $254,663 and $308,942. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$16,110 for 71 sqft less living space. Net adjustment: -$16,110.
Adjusted +$16,110 for 71 sqft more living space. Net adjustment: +$16,110.
Adjusted -$17,245 for 76 sqft less living space. Net adjustment: -$17,245.
Adjusted +$13,160 for 58 sqft more living space. Net adjustment: +$13,160.
Adjusted -$45,380 for 200 sqft less living space and +$2,060 for being newer. Net adjustment: -$43,320.
The Neighborhood
This home is valued 13.8% above the G315496H - Crystal Knoll Terrace, All Sections median of $292,812. With 398 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.2% over the past year.
G315496H - Crystal Knoll Terrace, All Sections
typicalThis home is +13.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,183 across all districts. With a homestead exemption claimed, that drops to $3,650 — saving $1,533 per year. That's $304 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% | $3,500 |
| Williamson County | County | 0.3694% | $1,231 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $304 |
| Williamson County FM/Rd | County | 0.0443% | $148 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $5,183 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $282,102 would pay approximately $1,761 per month (principal and interest only, excluding taxes and insurance).