412 GRASSLAND LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $391,539 and $614,594, with a best estimate of $483,196. That places the property below the G210582E - Oakcrest Ranchettes 1,2,3, Greenridge & Highcrest median of $547,832, in a neighborhood that declined 8.5% over the past year.
Estimated Value Range
$483,196
$534,635
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G210582E - Oakcrest Ranchettes 1,2,3, Greenridge & Highcrest, this home's estimated market value is between $391,539 and $614,594. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$20,645 for 80 sqft more living space and -$6,988 for being older. Net adjustment: +$13,657.
Adjusted +$95,742 for 371 sqft more living space and -$20,963 for being older. Net adjustment: +$74,779.
Adjusted +$43,097 for 167 sqft more living space and +$41,927 for being newer. Net adjustment: +$85,024.
Adjusted -$173,677 for 673 sqft less living space and +$20,963 for being newer. Net adjustment: -$152,714.
Adjusted +$10,839 for 42 sqft more living space and +$20,963 for being newer. Net adjustment: +$31,802.
The Neighborhood
This home is valued 2.4% below the G210582E - Oakcrest Ranchettes 1,2,3, Greenridge & Highcrest median of $547,832. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.5% over the past year.
G210582E - Oakcrest Ranchettes 1,2,3, Greenridge & Highcrest
typicalThis home is -2.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,317 across all districts. With a homestead exemption claimed, that drops to $6,747 — saving $1,570 per year. That's $562 per month a buyer should budget. The assessed value increased -0.6% vs the subdivision average of -8.5%. This above-average increase gives a protest opportunity score of 40 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $5,617 |
| Williamson County | County | 0.3694% | $1,975 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $488 |
| Williamson County FM/Rd | County | 0.0443% | $237 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $8,317 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $483,196 would pay approximately $3,016 per month (principal and interest only, excluding taxes and insurance).