31002 MAGNOLIA CT, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $417,304 and $727,320, with a best estimate of $476,414. 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
$476,414
$842,575
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 $417,304 and $727,320. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$105,345 for 455 sqft less living space and +$2,215 for being newer. Net adjustment: -$103,130.
Adjusted -$94,926 for 410 sqft less living space and +$8,860 for being newer. Net adjustment: -$86,066.
Adjusted -$9,724 for 42 sqft less living space and -$6,645 for being older. Net adjustment: -$16,369.
Adjusted -$184,990 for 799 sqft less living space and +$6,645 for being newer. Net adjustment: -$178,345.
Adjusted -$73,394 for 317 sqft less living space and +$8,860 for being newer. Net adjustment: -$64,534.
The Neighborhood
This home is valued 54.9% 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
outlier highThis home is +54.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,313 across all districts. With a homestead exemption claimed, that drops to $13,538 — saving $1,775 per year. That's $1,128 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% | $8,852 |
| Williamson County | County | 0.3694% | $3,113 |
| Georgetown | City | 0.3530% | $2,974 |
| Williamson County FM/Rd | County | 0.0443% | $374 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $15,313 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $476,414 would pay approximately $2,974 per month (principal and interest only, excluding taxes and insurance).