2505 OAK LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $209,359 and $982,896, with a best estimate of $432,259. That places the property above the G127X - Georgetown West Duplex median of $305,492, in a neighborhood that declined 2.9% over the past year.
Estimated Value Range
$432,259
$415,813
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in G127X - Georgetown West Duplex. The estimated range of $209,359 and $982,896 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$24,005 for 112 sqft more living space and -$11,833 for being older. Net adjustment: +$12,172.
Adjusted -$9,002 for 42 sqft less living space and +$15,778 for being newer. Net adjustment: +$6,776.
Adjusted +$102,451 for 478 sqft more living space and +$17,750 for being newer. Net adjustment: +$120,201.
Adjusted -$99,022 for 462 sqft less living space and -$25,639 for being older. Net adjustment: -$124,661.
Adjusted +$137,816 for 643 sqft more living space and +$17,750 for being newer. Net adjustment: +$155,566.
The Neighborhood
This home is valued 36.1% above the G127X - Georgetown West Duplex median of $305,492. With 410 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 2.9% over the past year.
G127X - Georgetown West Duplex
above averageThis home is +36.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,557 across all districts. With a homestead exemption claimed, that drops to $5,936 — saving $1,621 per year. That's $495 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% | $4,369 |
| Williamson County | County | 0.3694% | $1,536 |
| Georgetown | City | 0.3530% | $1,468 |
| Williamson County FM/Rd | County | 0.0443% | $184 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,557 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $432,259 would pay approximately $2,698 per month (principal and interest only, excluding taxes and insurance).