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503 WAGON WHEEL TRL, GEORGETOWN, TX 78628

GEORGETOWN, 78628 — williamson County

3 bed2 bath1,142 sqftBuilt 1983

Property at a Glance

This home is estimated between $212,431 and $362,177, with a best estimate of $258,136. That places the property below the G125483H - Reata East & Reata Trails median of $317,290, in a neighborhood that declined 4.3% over the past year.

Estimated Value Range

$212,431 $362,177
Best Estimate
$258,136
WCAD Value
$324,211
High Confidence

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 $212,431 and $362,177. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

505 WAGON WHEEL TRL, GEORGETOWN, TX 78628
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,264 sqft Built 1983
Raw Value $289,755
Adjusted Value $258,136

Adjusted -$26,140 for 122 sqft less living space and -$5,479 for no pool. Net adjustment: -$31,619.

501 WAGON WHEEL TRL, GEORGETOWN, TX 78628
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,626 sqft Built 1983
Raw Value $316,133
Adjusted Value $212,431

Adjusted -$103,702 for 484 sqft less living space. Net adjustment: -$103,702.

601 WAGON WHEEL TRL, GEORGETOWN, TX 78628
0.03 mi 100% similar Same subdivision
3 bed 2 bath 1,056 sqft Built 1983
Raw Value $280,141
Adjusted Value $298,567

Adjusted +$18,426 for 86 sqft more living space. Net adjustment: +$18,426.

3421 BUFFALO SPRINGS TRL, GEORGETOWN, TX 78628
0.03 mi 100% similar Same subdivision
3 bed 2 bath 1,472 sqft Built 1984
Raw Value $324,359
Adjusted Value $256,705

Adjusted -$70,706 for 330 sqft less living space and +$3,052 for being newer. Net adjustment: -$67,654.

3420 LONESOME TRL, GEORGETOWN, TX 78628
0.03 mi 100% similar Same subdivision
3 bed 2 bath 930 sqft Built 1983
Raw Value $316,754
Adjusted Value $362,177

Adjusted +$45,423 for 212 sqft more living space. Net adjustment: +$45,423.

The Neighborhood

This home is valued 2.2% 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

typical
289 Properties
$317,290 Median Value
-4.3% YoY Change
5% Have Pool
98% Have Garage
This Home
$324,211
Median
$317,290

This home is +2.2% above the subdivision median.

Tax Analysis

The estimated annual property tax is $5,892 across all districts. With a homestead exemption claimed, that drops to $4,304 — saving $1,588 per year. That's $359 per month a buyer should budget. The assessed value increased +11.1% vs the subdivision average of -4.3%. This above-average increase gives a protest opportunity score of 75 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Georgetown ISDSchool1.0506%$3,406
Williamson CountyCounty0.3694%$1,198
GeorgetownCity0.3530%$1,144
Williamson County FM/RdCounty0.0443%$144
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.8174%$5,892
75 / 100

There may be a strong case to protest this appraisal.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $258,136 would pay approximately $1,611 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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