500 VENETA LN, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $388,789 and $424,237, with a best estimate of $417,304. That places the property above the G755321C - TRES TIERRAS median of $360,426, in a neighborhood that declined 1.5% over the past year.
Estimated Value Range
$417,304
$377,470
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G755321C - TRES TIERRAS, this home's estimated market value is between $388,789 and $424,237. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$92,081 for 406 sqft more living space. Net adjustment: +$92,081.
Adjusted +$83,009 for 366 sqft more living space. Net adjustment: +$83,009.
Adjusted +$89,586 for 395 sqft more living space and +$3,271 for being newer. Net adjustment: +$92,857.
Adjusted +$17,237 for 76 sqft more living space. Net adjustment: +$17,237.
Adjusted +$89,586 for 395 sqft more living space. Net adjustment: +$89,586.
The Neighborhood
This home is valued 4.7% above the G755321C - TRES TIERRAS median of $360,426. With 122 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.5% over the past year.
G755321C - TRES TIERRAS
typicalThis home is +4.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,955 across all districts. With a homestead exemption claimed, that drops to $6,348 — saving $1,607 per year. That's $529 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% | $3,966 |
| Williamson County | County | 0.3694% | $1,395 |
| Georgetown | City | 0.3530% | $1,332 |
| Somerset Hills Rd District #3 | Road | 0.2900% | $1,095 |
| Williamson County FM/Rd | County | 0.0443% | $167 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1074% | $7,955 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $417,304 would pay approximately $2,605 per month (principal and interest only, excluding taxes and insurance).