403 W MAJESTIC OAK LN, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $941,881 and $1,254,909, with a best estimate of $1,031,741. That places the property above the G720601C - WOODLAND PARK & WOODLAND PARK WEST median of $936,407, in a neighborhood that declined 4.3% over the past year.
Estimated Value Range
$1,031,741
$1,154,174
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G720601C - WOODLAND PARK & WOODLAND PARK WEST, this home's estimated market value is between $941,881 and $1,254,909. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$205,978 for 706 sqft more living space and -$23,993 for being older. Net adjustment: +$181,985.
Adjusted +$15,171 for 52 sqft more living space. Net adjustment: +$15,171.
Adjusted +$235,445 for 807 sqft more living space and +$7,998 for being newer. Net adjustment: +$243,443.
Adjusted +$47,556 for 163 sqft more living space and -$47,987 for being older. Net adjustment: -$431.
Adjusted -$43,179 for 148 sqft less living space and +$7,998 for being newer. Net adjustment: -$35,181.
The Neighborhood
This home is valued 23.3% above the G720601C - WOODLAND PARK & WOODLAND PARK WEST median of $936,407. With 320 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.3% over the past year.
G720601C - WOODLAND PARK & WOODLAND PARK WEST
above averageThis home is +23.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $17,954 across all districts. With a homestead exemption claimed, that drops to $16,270 — saving $1,684 per year. That's $1,356 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% | $12,126 |
| Williamson County | County | 0.3694% | $4,264 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $1,053 |
| Williamson County FM/Rd | County | 0.0443% | $512 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $17,954 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,031,741 would pay approximately $6,440 per month (principal and interest only, excluding taxes and insurance).