517 HONEYBIRD LN, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $308,307 and $608,000, with a best estimate of $498,386. That places the property below the G571617B - Teravista Sec 40 median of $505,314, in a neighborhood that declined 8.5% over the past year.
Estimated Value Range
$498,386
$602,094
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G571617B - Teravista Sec 40, this home's estimated market value is between $308,307 and $608,000. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$182,775 for 830 sqft less living space and +$12,321 for being newer. Net adjustment: -$170,454.
Adjusted -$108,564 for 493 sqft less living space. Net adjustment: -$108,564.
Adjusted -$92,489 for 420 sqft less living space and +$12,321 for being newer. Net adjustment: -$80,168.
Adjusted -$217,128 for 986 sqft less living space and +$12,321 for being newer. Net adjustment: -$204,807.
This comparable closely matches the subject property's features.
The Neighborhood
This home is valued 19.2% above the G571617B - Teravista Sec 40 median of $505,314. With 540 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.5% over the past year.
G571617B - Teravista Sec 40
above averageThis home is +19.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,271 across all districts. With a homestead exemption claimed, that drops to $10,689 — saving $1,582 per year. That's $891 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% | $6,326 |
| Williamson County MUD #15 | MUD | 0.4825% | $2,905 |
| Williamson County | County | 0.3694% | $2,224 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $549 |
| Williamson County FM/Rd | County | 0.0443% | $267 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $12,271 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $498,386 would pay approximately $3,111 per month (principal and interest only, excluding taxes and insurance).