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117 GRAYSTONE LN, GEORGETOWN, TX 78633

GEORGETOWN, 78633 — williamson County

3 bed3 bath2,257 sqftBuilt 2021

Property at a Glance

This home is estimated between $562,952 and $902,647, with a best estimate of $701,290. That places the property below the G748514C - OAKLAND PARK median of $895,887, in a neighborhood that declined 1.4% over the past year.

Estimated Value Range

$562,952 $902,647
Best Estimate
$701,290
WCAD Value
$983,018
High Confidence

Based on 5 comparable properties(5 in the same subdivision)

Based on 5 comparable properties in G748514C - OAKLAND PARK, this home's estimated market value is between $562,952 and $902,647. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

113 GRAYSTONE LN, GEORGETOWN, TX 78633
0.03 mi 100% similar Same subdivision
4 bed 2 bath 2,616 sqft Built 2021
Raw Value $861,134
Adjusted Value $749,667

Adjusted -$111,467 for 359 sqft less living space. Net adjustment: -$111,467.

109 GRAYSTONE LN, GEORGETOWN, TX 78633
0.04 mi 100% similar Same subdivision
4 bed 3 bath 2,518 sqft Built 2019
Raw Value $959,526
Adjusted Value $902,647

Adjusted -$81,039 for 261 sqft less living space and +$24,160 for being newer. Net adjustment: -$56,879.

105 GRAYSTONE LN, GEORGETOWN, TX 78633
0.06 mi 100% similar Same subdivision
3 bed 2 bath 2,844 sqft Built 2017
Raw Value $810,511
Adjusted Value $676,572

Adjusted -$182,259 for 587 sqft less living space and +$48,320 for being newer. Net adjustment: -$133,939.

120 ARROWHEAD RD, GEORGETOWN, TX 78633
0.08 mi 100% similar Same subdivision
4 bed 3 bath 3,073 sqft Built 2022
Raw Value $828,394
Adjusted Value $562,952

Adjusted -$253,362 for 816 sqft less living space and -$12,080 for being older. Net adjustment: -$265,442.

116 ARROWHEAD RD, GEORGETOWN, TX 78633
0.09 mi 100% similar Same subdivision
4 bed 3 bath 3,031 sqft Built 2016
Raw Value $881,211
Adjusted Value $701,290

Adjusted -$240,321 for 774 sqft less living space and +$60,400 for being newer. Net adjustment: -$179,921.

The Neighborhood

This home is valued 9.7% above the G748514C - OAKLAND PARK median of $895,887. With 19 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.4% over the past year.

G748514C - OAKLAND PARK

typical
19 Properties
$895,887 Median Value
-1.4% YoY Change
5% Have Pool
100% Have Garage
This Home
$983,018
Median
$895,887

This home is +9.7% above the subdivision median.

Tax Analysis

The estimated annual property tax is $14,954 across all districts. With a homestead exemption claimed, that drops to $13,305 — saving $1,649 per year. That's $1,109 per month a buyer should budget. The assessed value increased +12.5% vs the subdivision average of -1.4%. This above-average increase gives a protest opportunity score of 85 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Georgetown ISDSchool1.0506%$10,099
Williamson CountyCounty0.3694%$3,551
Williamson County ESD #8 - GeorgetownESD0.0912%$877
Williamson County FM/RdCounty0.0443%$426
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.5556%$14,954
85 / 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 $701,290 would pay approximately $4,377 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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