116 WAKE LN, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $549,441 and $598,671, with a best estimate of $557,590. That places the property below the G743516B - LAKESIDE ESTATES median of $557,626, in a neighborhood that declined 8.7% over the past year.
Estimated Value Range
$557,590
$567,809
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G743516B - LAKESIDE ESTATES, this home's estimated market value is between $549,441 and $598,671. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$48,856 for 234 sqft more living space. Net adjustment: +$48,856.
Adjusted +$57,417 for 275 sqft more living space. Net adjustment: +$57,417.
Adjusted +$130,910 for 627 sqft more living space and +$5,623 for being newer. Net adjustment: +$136,533.
Adjusted +$6,055 for 29 sqft more living space and +$5,623 for being newer. Net adjustment: +$11,678.
Adjusted +$18,165 for 87 sqft more living space. Net adjustment: +$18,165.
The Neighborhood
This home is valued 1.8% above the G743516B - LAKESIDE ESTATES median of $557,626. With 226 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.7% over the past year.
G743516B - LAKESIDE ESTATES
typicalThis home is +1.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,319 across all districts. With a homestead exemption claimed, that drops to $8,643 — saving $1,676 per year. That's $720 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% | $5,965 |
| Williamson County | County | 0.3694% | $2,098 |
| Georgetown | City | 0.3530% | $2,004 |
| Williamson County FM/Rd | County | 0.0443% | $252 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $10,319 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $557,590 would pay approximately $3,480 per month (principal and interest only, excluding taxes and insurance).