1120 ADDISON LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $290,258 and $462,572, with a best estimate of $294,314. That places the property below the G226716A - WOLF RANCH - SOUTH median of $571,067, in a neighborhood that appreciated 93.5% over the past year.
Estimated Value Range
$294,314
$563,171
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G226716A - WOLF RANCH - SOUTH, this home's estimated market value is between $290,258 and $462,572. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$65,018 for 230 sqft less living space and -$13,181 for being older. Net adjustment: -$78,199.
Adjusted -$194,771 for 689 sqft less living space. Net adjustment: -$194,771.
Adjusted -$191,379 for 677 sqft less living space. Net adjustment: -$191,379.
Adjusted -$111,661 for 395 sqft less living space. Net adjustment: -$111,661.
Adjusted -$197,033 for 697 sqft less living space. Net adjustment: -$197,033.
The Neighborhood
This home is valued 1.4% below the G226716A - WOLF RANCH - SOUTH median of $571,067. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 93.5% over the past year.
G226716A - WOLF RANCH - SOUTH
typicalThis home is -1.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $13,896 across all districts. With a homestead exemption claimed, that drops to $12,221 — saving $1,675 per year. That's $1,018 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% | $5,917 |
| Williamson County MUD #29 | MUD | 0.6500% | $3,661 |
| Williamson County | County | 0.3694% | $2,081 |
| Georgetown | City | 0.3530% | $1,988 |
| Williamson County FM/Rd | County | 0.0443% | $250 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4674% | $13,896 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $294,314 would pay approximately $1,837 per month (principal and interest only, excluding taxes and insurance).