1605 MAGNOLIA FARM WAY, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $339,579 and $380,251, with a best estimate of $368,903. That places the property below the I412418C - LIVELY RANCH median of $376,432, in a neighborhood that appreciated 45.3% over the past year.
Estimated Value Range
$368,903
$462,004
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in I412418C - LIVELY RANCH, this home's estimated market value is between $339,579 and $380,251. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$54,860 for 286 sqft more living space. Net adjustment: +$54,860.
Adjusted +$1,918 for 10 sqft more living space. Net adjustment: +$1,918.
Adjusted -$78,454 for 409 sqft less living space. Net adjustment: -$78,454.
Adjusted +$16,496 for 86 sqft more living space. Net adjustment: +$16,496.
Adjusted -$73,275 for 382 sqft less living space. Net adjustment: -$73,275.
The Neighborhood
This home is valued 22.7% above the I412418C - LIVELY RANCH median of $376,432. With 912 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 45.3% over the past year.
I412418C - LIVELY RANCH
above averageThis home is +22.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,130 across all districts. With a homestead exemption claimed, that drops to $9,311 — saving $1,819 per year. That's $776 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 |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $5,724 |
| West Williamson County MUD #2 | MUD | 0.6820% | $3,151 |
| Williamson County | County | 0.3694% | $1,707 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $344 |
| Williamson County FM/Rd | County | 0.0443% | $205 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4092% | $11,130 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $368,903 would pay approximately $2,303 per month (principal and interest only, excluding taxes and insurance).