121 MELISSA CT, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $343,156 and $411,420, with a best estimate of $381,641. That places the property above the G194597G - Village of River Bend median of $320,800, in a neighborhood that declined 3.6% over the past year.
Estimated Value Range
$381,641
$343,139
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $343,156 and $411,420. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$28,296 for 140 sqft more living space and +$4,913 for being newer and +$6,294 for having a pool. Net adjustment: +$39,503.
Adjusted +$68,920 for 341 sqft more living space and +$6,294 for having a pool. Net adjustment: +$75,214.
Adjusted +$4,446 for 22 sqft more living space and +$6,294 for having a pool. Net adjustment: +$10,740.
Adjusted +$29,711 for 147 sqft more living space and -$4,913 for being older. Net adjustment: +$24,798.
Adjusted +$4,244 for 21 sqft more living space and -$4,913 for being older and +$6,294 for having a pool. Net adjustment: +$5,625.
The Neighborhood
This home is valued 7.0% above the G194597G - Village of River Bend median of $320,800. With 61 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.6% over the past year.
G194597G - Village of River Bend
typicalThis home is +7.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,236 across all districts. With a homestead exemption claimed, that drops to $4,641 — saving $1,595 per year. That's $387 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% | $3,605 |
| Williamson County | County | 0.3694% | $1,268 |
| Georgetown | City | 0.3530% | $1,211 |
| Williamson County FM/Rd | County | 0.0443% | $152 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,236 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $381,641 would pay approximately $2,382 per month (principal and interest only, excluding taxes and insurance).