505 INDIGO LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $1,330,546 and $1,659,994, with a best estimate of $1,443,998. 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
$1,443,998
$1,910,584
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in I420701A - Cimarron Hills, this home's estimated market value is between $1,330,546 and $1,659,994. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$118,736 for 324 sqft less living space and +$22,097 for being newer. Net adjustment: -$96,639.
Adjusted +$81,356 for 222 sqft more living space. Net adjustment: +$81,356.
Adjusted +$40,312 for 110 sqft more living space. Net adjustment: +$40,312.
Adjusted -$105,177 for 287 sqft less living space and +$50,508 for being newer. Net adjustment: -$54,669.
Adjusted -$27,852 for 76 sqft less living space and -$6,314 for being older. Net adjustment: -$34,166.
The Neighborhood
This home is valued 30.7% above the I420701A - Cimarron Hills median of $1,461,889. With 245 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.6% over the past year.
I420701A - Cimarron Hills
above averageThis home is +30.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $32,999 across all districts. With a homestead exemption claimed, that drops to $30,912 — saving $2,087 per year. That's $2,576 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 |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $23,670 |
| Williamson County | County | 0.3694% | $7,059 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $1,423 |
| Williamson County FM/Rd | County | 0.0443% | $847 |
| Cimarron Hills PID | pid | 0.0000% | $0 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $32,999 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,443,998 would pay approximately $9,013 per month (principal and interest only, excluding taxes and insurance).