505 OAK CREST LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $268,345 and $555,479, with a best estimate of $341,247. That places the property below the G182484G - Oakcrest Estates Unit 1 median of $362,800, in a neighborhood that appreciated 2.8% over the past year.
Estimated Value Range
$341,247
$315,034
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 $268,345 and $555,479. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$18,248 for 87 sqft less living space. Net adjustment: -$18,248.
Adjusted +$92,706 for 442 sqft more living space and -$1,058 for being older. Net adjustment: +$91,648.
Adjusted +$15,521 for 74 sqft more living space and +$9,518 for being newer. Net adjustment: +$25,039.
Adjusted +$5,873 for 28 sqft more living space and +$9,518 for being newer. Net adjustment: +$15,391.
Adjusted -$63,342 for 302 sqft less living space and +$9,518 for being newer. Net adjustment: -$53,824.
The Neighborhood
This home is valued 13.2% below the G182484G - Oakcrest Estates Unit 1 median of $362,800. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 2.8% over the past year.
G182484G - Oakcrest Estates Unit 1
typicalThis home is -13.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,901 across all districts. With a homestead exemption claimed, that drops to $3,372 — saving $1,529 per year. That's $281 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% | $3,310 |
| Williamson County | County | 0.3694% | $1,164 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $287 |
| Williamson County FM/Rd | County | 0.0443% | $140 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $4,901 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $341,247 would pay approximately $2,130 per month (principal and interest only, excluding taxes and insurance).