488 CR 261, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $726,511 and $1,184,866, with a best estimate of $833,704. That places the property below the G745D00B - GEORGETOWN LAKE AREA ACREAGE median of $848,718, in a neighborhood that appreciated 4.1% over the past year.
Estimated Value Range
$833,704
$1,264,078
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $726,511 and $1,184,866. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$80,361 for 220 sqft more living space and +$33,067 for being newer and -$100,926 for no garage. Net adjustment: +$12,502.
Adjusted +$61,367 for 168 sqft more living space and +$46,293 for being newer and -$100,926 for no garage. Net adjustment: +$6,734.
Adjusted +$191,771 for 525 sqft more living space and +$26,453 for being newer and -$100,926 for no garage. Net adjustment: +$117,298.
Adjusted +$143,554 for 393 sqft more living space and +$13,227 for being newer and -$100,926 for no garage. Net adjustment: +$55,855.
Adjusted +$57,349 for 157 sqft more living space and +$6,613 for being newer and -$100,926 for no garage. Net adjustment: -$36,964.
The Neighborhood
This home is valued 48.9% above the G745D00B - GEORGETOWN LAKE AREA ACREAGE median of $848,718. With 80 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 4.1% over the past year.
G745D00B - GEORGETOWN LAKE AREA ACREAGE
above averageThis home is +48.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $19,664 across all districts. With a homestead exemption claimed, that drops to $17,959 — saving $1,705 per year. That's $1,497 per month a buyer should budget. The assessed value increased +9.2% vs the subdivision average of +4.1%. This above-average increase gives a protest opportunity score of 51 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $13,280 |
| Williamson County | County | 0.3694% | $4,670 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $1,153 |
| Williamson County FM/Rd | County | 0.0443% | $560 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $19,664 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $833,704 would pay approximately $5,204 per month (principal and interest only, excluding taxes and insurance).