405 FAIR OAKS DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $403,649 and $452,912, with a best estimate of $430,889. 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
$430,889
$571,191
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 $403,649 and $452,912. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$36,199 for 170 sqft less living space and -$5,426 for being older. Net adjustment: -$41,625.
Adjusted -$55,363 for 260 sqft less living space. Net adjustment: -$55,363.
Adjusted -$72,185 for 339 sqft less living space and -$16,279 for being older. Net adjustment: -$88,464.
Adjusted -$88,368 for 415 sqft less living space and -$21,705 for being older. Net adjustment: -$110,073.
Adjusted -$91,562 for 430 sqft less living space and -$5,426 for being older. Net adjustment: -$96,988.
The Neighborhood
This home is valued 13.8% 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
typicalThis home is +13.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,140 across all districts. With a homestead exemption claimed, that drops to $12,564 — saving $1,576 per year. That's $1,047 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% | $6,001 |
| Williamson County MUD #25 | MUD | 0.9200% | $5,255 |
| Williamson County | County | 0.3694% | $2,110 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $521 |
| Williamson County FM/Rd | County | 0.0443% | $253 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4756% | $14,140 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $430,889 would pay approximately $2,690 per month (principal and interest only, excluding taxes and insurance).