505 WESTERN TRL, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $312,191 and $367,782, with a best estimate of $353,246. That places the property above the G125483H - Reata East & Reata Trails median of $317,290, in a neighborhood that declined 4.3% over the past year.
Estimated Value Range
$353,246
$343,930
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G125483H - Reata East & Reata Trails, this home's estimated market value is between $312,191 and $367,782. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$39,852 for 186 sqft more living space. Net adjustment: +$39,852.
Adjusted -$4,499 for 21 sqft less living space and -$15,259 for being older. Net adjustment: -$19,758.
Adjusted +$72,420 for 338 sqft more living space and -$3,052 for being older. Net adjustment: +$69,368.
Adjusted +$46,280 for 216 sqft more living space and -$5,479 for no pool. Net adjustment: +$40,801.
Adjusted +$35,567 for 166 sqft more living space and -$6,103 for being older. Net adjustment: +$29,464.
The Neighborhood
This home is valued 8.4% above the G125483H - Reata East & Reata Trails median of $317,290. With 289 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.3% over the past year.
G125483H - Reata East & Reata Trails
typicalThis home is +8.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,251 across all districts. With a homestead exemption claimed, that drops to $4,655 — saving $1,596 per year. That's $388 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% | $3,613 |
| Williamson County | County | 0.3694% | $1,271 |
| Georgetown | City | 0.3530% | $1,214 |
| Williamson County FM/Rd | County | 0.0443% | $152 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,251 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $353,246 would pay approximately $2,205 per month (principal and interest only, excluding taxes and insurance).