503 W MAJESTIC OAK LN, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $609,822 and $1,044,345, with a best estimate of $630,174. That places the property below 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
$630,174
$911,185
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in G720601C - WOODLAND PARK & WOODLAND PARK WEST. The estimated range of $609,822 and $1,044,345 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$11,670 for 40 sqft more living space and -$7,998 for being older. Net adjustment: +$3,672.
Adjusted -$138,583 for 475 sqft less living space and +$71,980 for being newer. Net adjustment: -$66,603.
Adjusted +$176,219 for 604 sqft more living space and +$23,993 for being newer. Net adjustment: +$200,212.
Adjusted +$176,219 for 604 sqft more living space and +$23,993 for being newer. Net adjustment: +$200,212.
Adjusted +$176,219 for 604 sqft more living space and +$23,993 for being newer. Net adjustment: +$200,212.
The Neighborhood
This home is valued 2.7% below the G720601C - WOODLAND PARK & WOODLAND PARK WEST median of $936,407. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.3% over the past year.
G720601C - WOODLAND PARK & WOODLAND PARK WEST
typicalThis home is -2.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $14,174 across all districts. With a homestead exemption claimed, that drops to $12,535 — saving $1,639 per year. That's $1,045 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% | $9,573 |
| Williamson County | County | 0.3694% | $3,366 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $831 |
| Williamson County FM/Rd | County | 0.0443% | $404 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $14,174 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $630,174 would pay approximately $3,934 per month (principal and interest only, excluding taxes and insurance).