111 REEF LN, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $315,293 and $730,375, with a best estimate of $551,111. That places the property below the G730590D - North Lake median of $597,120, in a neighborhood that appreciated 5.3% over the past year.
Estimated Value Range
$551,111
$499,517
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G730590D - North Lake, this home's estimated market value is between $315,293 and $730,375. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$26,641 for 92 sqft less living space. Net adjustment: -$26,641.
Adjusted -$39,961 for 138 sqft less living space and -$36,398 for being older and +$52,240 for having a garage. Net adjustment: -$24,119.
Adjusted -$203,861 for 704 sqft less living space and -$8,088 for being older. Net adjustment: -$211,949.
Adjusted +$119,884 for 414 sqft more living space and +$8,088 for being newer and +$52,240 for having a garage. Net adjustment: +$180,212.
Adjusted +$106,853 for 369 sqft more living space and +$36,398 for being newer and +$52,240 for having a garage. Net adjustment: +$195,491.
The Neighborhood
This home is valued 16.3% below the G730590D - North Lake median of $597,120. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 5.3% over the past year.
G730590D - North Lake
below averageThis home is -16.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,770 across all districts. With a homestead exemption claimed, that drops to $6,207 — saving $1,563 per year. That's $517 per month a buyer should budget. The assessed value increased +8.4% vs the subdivision average of +5.3%. This above-average increase gives a protest opportunity score of 31 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $5,248 |
| Williamson County | County | 0.3694% | $1,845 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $456 |
| Williamson County FM/Rd | County | 0.0443% | $221 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $7,770 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $551,111 would pay approximately $3,440 per month (principal and interest only, excluding taxes and insurance).