118 SPANISH OAK CIR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $268,951 and $388,719, with a best estimate of $281,686. That places the property below the G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5 median of $377,162, in a neighborhood that declined 0.4% over the past year.
Estimated Value Range
$281,686
$333,149
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5, this home's estimated market value is between $268,951 and $388,719. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$79,223 for 378 sqft less living space and +$2,419 for being newer. Net adjustment: -$76,804.
Adjusted -$121,559 for 580 sqft less living space. Net adjustment: -$121,559.
Adjusted -$52,186 for 249 sqft less living space and +$806 for being newer. Net adjustment: -$51,380.
Adjusted -$84,672 for 404 sqft less living space. Net adjustment: -$84,672.
Adjusted -$55,959 for 267 sqft less living space and +$2,822 for being newer. Net adjustment: -$53,137.
The Neighborhood
This home is valued 11.7% below the G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5 median of $377,162. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.4% over the past year.
G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5
typicalThis home is -11.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,055 across all districts. With a homestead exemption claimed, that drops to $4,463 — saving $1,592 per year. That's $372 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% | $3,500 |
| Williamson County | County | 0.3694% | $1,231 |
| Georgetown | City | 0.3530% | $1,176 |
| Williamson County FM/Rd | County | 0.0443% | $148 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,055 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $281,686 would pay approximately $1,758 per month (principal and interest only, excluding taxes and insurance).