331 MORNING RIDGE CT, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $382,210 and $502,232, with a best estimate of $398,763. That places the property below the I413520C - MORNINGSTAR GATED median of $454,765, in a neighborhood that appreciated 7.3% over the past year.
Estimated Value Range
$398,763
$435,828
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in I413520C - MORNINGSTAR GATED, this home's estimated market value is between $382,210 and $502,232. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
This comparable closely matches the subject property's features.
Adjusted -$61,659 for 258 sqft less living space. Net adjustment: -$61,659.
Adjusted -$73,848 for 309 sqft less living space and +$6,089 for being newer. Net adjustment: -$67,759.
Adjusted -$92,250 for 386 sqft less living space and +$4,567 for being newer. Net adjustment: -$87,683.
Adjusted +$56,162 for 235 sqft more living space. Net adjustment: +$56,162.
The Neighborhood
This home is valued 4.2% below the I413520C - MORNINGSTAR GATED median of $454,765. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 7.3% over the past year.
I413520C - MORNINGSTAR GATED
typicalThis home is -4.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $11,537 across all districts. With a homestead exemption claimed, that drops to $9,722 — saving $1,815 per year. That's $810 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 |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $5,399 |
| Williamson County MUD #23 | MUD | 0.9200% | $4,010 |
| Williamson County | County | 0.3694% | $1,610 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $325 |
| Williamson County FM/Rd | County | 0.0443% | $193 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.6472% | $11,537 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $398,763 would pay approximately $2,489 per month (principal and interest only, excluding taxes and insurance).