1204 FALLING HILLS DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $350,579 and $572,101, with a best estimate of $455,783. That places the property below the G172613B - WATER OAK NORTH median of $501,966, in a neighborhood that declined 3.7% over the past year.
Estimated Value Range
$455,783
$515,355
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G172613B - WATER OAK NORTH, this home's estimated market value is between $350,579 and $572,101. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$169,921 for 798 sqft less living space and +$5,426 for being newer. Net adjustment: -$164,495.
Adjusted -$178,226 for 837 sqft less living space and +$10,853 for being newer. Net adjustment: -$167,373.
Adjusted -$4,685 for 22 sqft less living space and +$5,426 for being newer. Net adjustment: +$741.
Adjusted -$124,141 for 583 sqft less living space and +$10,853 for being newer. Net adjustment: -$113,288.
Adjusted -$29,172 for 137 sqft less living space and +$37,984 for being newer. Net adjustment: +$8,812.
The Neighborhood
This home is valued 2.7% above the G172613B - WATER OAK NORTH median of $501,966. With 442 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.7% over the past year.
G172613B - WATER OAK NORTH
typicalThis home is +2.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,758 across all districts. With a homestead exemption claimed, that drops to $11,192 — saving $1,566 per year. That's $933 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% | $5,414 |
| Williamson County MUD #25 | MUD | 0.9200% | $4,741 |
| Williamson County | County | 0.3694% | $1,904 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $470 |
| Williamson County FM/Rd | County | 0.0443% | $228 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4756% | $12,758 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $455,783 would pay approximately $2,845 per month (principal and interest only, excluding taxes and insurance).