140 FAIRWOOD DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $328,932 and $563,363, with a best estimate of $514,607. That places the property below the G110693B - Berry Creek Sec 1,3, & 10 median of $543,838, in a neighborhood that declined 3.1% over the past year.
Estimated Value Range
$514,607
$576,285
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G110693B - Berry Creek Sec 1,3, & 10, this home's estimated market value is between $328,932 and $563,363. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$58,345 for 252 sqft less living space and +$1,108 for being newer. Net adjustment: -$57,237.
Adjusted -$238,241 for 1,029 sqft less living space and -$1,108 for being older. Net adjustment: -$239,349.
Adjusted -$67,143 for 290 sqft less living space and -$4,430 for being older. Net adjustment: -$71,573.
Adjusted -$57,882 for 250 sqft less living space and -$7,753 for being older. Net adjustment: -$65,635.
Adjusted -$116,690 for 504 sqft less living space and -$2,215 for being older. Net adjustment: -$118,905.
The Neighborhood
This home is valued 6.0% above the G110693B - Berry Creek Sec 1,3, & 10 median of $543,838. With 845 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.1% over the past year.
G110693B - Berry Creek Sec 1,3, & 10
typicalThis home is +6.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,473 across all districts. With a homestead exemption claimed, that drops to $8,794 — saving $1,679 per year. That's $733 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% | $6,054 |
| Williamson County | County | 0.3694% | $2,129 |
| Georgetown | City | 0.3530% | $2,034 |
| Williamson County FM/Rd | County | 0.0443% | $255 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $10,473 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $514,607 would pay approximately $3,212 per month (principal and interest only, excluding taxes and insurance).