120 MELANIE LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $444,624 and $519,816, with a best estimate of $465,376. That places the property above the G182484G - Oakcrest Estates Unit 1 median of $362,800, in a neighborhood that appreciated 2.8% over the past year.
Estimated Value Range
$465,376
$790,224
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G182484G - Oakcrest Estates Unit 1, this home's estimated market value is between $444,624 and $519,816. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$36,495 for 174 sqft more living space and -$11,633 for being older. Net adjustment: +$24,862.
Adjusted +$126,685 for 604 sqft more living space and -$4,230 for being older. Net adjustment: +$122,455.
Adjusted +$127,943 for 610 sqft more living space and -$13,748 for being older. Net adjustment: +$114,195.
Adjusted +$38,802 for 185 sqft more living space and -$31,727 for being older and -$21,564 for no pool. Net adjustment: -$14,489.
Adjusted +$164,439 for 784 sqft more living space and -$7,403 for being older. Net adjustment: +$157,036.
The Neighborhood
This home is valued 117.8% above the G182484G - Oakcrest Estates Unit 1 median of $362,800. With 160 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 2.8% over the past year.
G182484G - Oakcrest Estates Unit 1
outlier highThis home is +117.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,361 across all districts. With a homestead exemption claimed, that drops to $12,605 — saving $1,756 per year. That's $1,050 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% | $8,302 |
| Williamson County | County | 0.3694% | $2,919 |
| Georgetown | City | 0.3530% | $2,789 |
| Williamson County FM/Rd | County | 0.0443% | $350 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $14,361 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $465,376 would pay approximately $2,905 per month (principal and interest only, excluding taxes and insurance).