408 FAIR OAKS DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $456,525 and $587,449, with a best estimate of $475,527. That places the property below the G172613B - WATER OAK NORTH median of $501,966, in a neighborhood that declined 3.7% over the past year.
Estimated Value Range
$475,527
$634,403
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G172613B - WATER OAK NORTH, this home's estimated market value is between $456,525 and $587,449. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$45,142 for 212 sqft less living space and +$5,426 for being newer. Net adjustment: -$39,716.
Adjusted +$62,603 for 294 sqft more living space and +$21,705 for being newer. Net adjustment: +$84,308.
Adjusted -$109,022 for 512 sqft less living space and +$10,853 for being newer. Net adjustment: -$98,169.
Adjusted -$51,317 for 241 sqft less living space and +$5,426 for being newer. Net adjustment: -$45,891.
Adjusted -$21,080 for 99 sqft less living space and +$21,705 for being newer. Net adjustment: +$625.
The Neighborhood
This home is valued 26.4% above the G172613B - WATER OAK NORTH median of $501,966. With 442 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.7% over the past year.
G172613B - WATER OAK NORTH
above averageThis home is +26.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,705 across all districts. With a homestead exemption claimed, that drops to $14,117 — saving $1,588 per year. That's $1,176 per month a buyer should budget. The assessed value increased +3.5% vs the subdivision average of -3.7%. This above-average increase gives a protest opportunity score of 36 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $6,665 |
| Williamson County MUD #25 | MUD | 0.9200% | $5,837 |
| Williamson County | County | 0.3694% | $2,344 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $579 |
| Williamson County FM/Rd | County | 0.0443% | $281 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4756% | $15,705 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $475,527 would pay approximately $2,968 per month (principal and interest only, excluding taxes and insurance).