507 CONCORD DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $307,225 and $475,295, with a best estimate of $450,230. That places the property above the G761509F - GEORGETOWN VILLAGE R4 median of $434,218, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$450,230
$480,195
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G761509F - GEORGETOWN VILLAGE R4, this home's estimated market value is between $307,225 and $475,295. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$70,889 for 342 sqft less living space. Net adjustment: -$70,889.
Adjusted -$6,633 for 32 sqft less living space. Net adjustment: -$6,633.
Adjusted -$51,819 for 250 sqft less living space and +$410 for being newer. Net adjustment: -$51,409.
Adjusted -$6,218 for 30 sqft less living space and +$2,868 for being newer. Net adjustment: -$3,350.
Adjusted -$24,873 for 120 sqft less living space and +$1,229 for being newer. Net adjustment: -$23,644.
The Neighborhood
This home is valued 10.6% above the G761509F - GEORGETOWN VILLAGE R4 median of $434,218. With 668 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 2.8% over the past year.
G761509F - GEORGETOWN VILLAGE R4
typicalThis home is +10.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,303 across all districts. With a homestead exemption claimed, that drops to $7,659 — saving $1,644 per year. That's $638 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% | $5,045 |
| Williamson County | County | 0.3694% | $1,774 |
| Georgetown | City | 0.3530% | $1,695 |
| Georgetown Village PID | pid | 0.1200% | $576 |
| Williamson County FM/Rd | County | 0.0443% | $213 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9374% | $9,303 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $450,230 would pay approximately $2,810 per month (principal and interest only, excluding taxes and insurance).