507 MEADOWBROOK DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $310,197 and $417,268, with a best estimate of $384,114. That places the property above the G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5 median of $377,162, in a neighborhood that declined 0.4% over the past year.
Estimated Value Range
$384,114
$362,372
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5, this home's estimated market value is between $310,197 and $417,268. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$26,827 for 128 sqft less living space. Net adjustment: -$26,827.
Adjusted +$15,090 for 72 sqft more living space. Net adjustment: +$15,090.
Adjusted -$13,413 for 64 sqft less living space. Net adjustment: -$13,413.
Adjusted -$50,719 for 242 sqft less living space and +$2,016 for being newer. Net adjustment: -$48,703.
Adjusted +$11,946 for 57 sqft more living space and +$2,016 for being newer. Net adjustment: +$13,962.
The Neighborhood
This home is valued 3.9% below the G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5 median of $377,162. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.4% over the past year.
G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5
typicalThis home is -3.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,586 across all districts. With a homestead exemption claimed, that drops to $4,984 — saving $1,602 per year. That's $415 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% | $3,807 |
| Williamson County | County | 0.3694% | $1,339 |
| Georgetown | City | 0.3530% | $1,279 |
| Williamson County FM/Rd | County | 0.0443% | $161 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,586 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $384,114 would pay approximately $2,398 per month (principal and interest only, excluding taxes and insurance).