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118 MUSTANG WAY, GEORGETOWN, TX 78633

GEORGETOWN, 78633 — williamson County

4 bed2 bath2,534 sqftBuilt 1997

Property at a Glance

This home is estimated between $580,226 and $763,089, with a best estimate of $661,393. That places the property above the F001D30F - FLORENCE / BURNET ISD RURAL median of $511,796, in a neighborhood that declined 8.6% over the past year.

Estimated Value Range

$580,226 $763,089
Best Estimate
$661,393
WCAD Value
$611,657
High Confidence

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

Based on 5 comparable properties in F001D30F - FLORENCE / BURNET ISD RURAL, this home's estimated market value is between $580,226 and $763,089. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

409 MUSTANG WAY, GEORGETOWN, TX 78633
0.00 mi 100% similar Same subdivision
4 bed 4 bath 2,834 sqft Built 1995
Raw Value $749,163
Adjusted Value $661,393

Adjusted -$88,833 for 300 sqft less living space and +$1,063 for being newer. Net adjustment: -$87,770.

315 MUSTANG WAY, GEORGETOWN, TX 78633
0.00 mi 100% similar Same subdivision
3 bed 2 bath 2,148 sqft Built 1996
Raw Value $465,395
Adjusted Value $580,226

Adjusted +$114,299 for 386 sqft more living space and +$532 for being newer. Net adjustment: +$114,831.

414 MUSTANG WAY, GEORGETOWN, TX 78633
0.00 mi 100% similar Same subdivision
3 bed 2 bath 2,190 sqft Built 1999
Raw Value $598,638
Adjusted Value $699,437

Adjusted +$101,862 for 344 sqft more living space and -$1,063 for being older. Net adjustment: +$100,799.

475 MUSTANG WAY, GEORGETOWN, TX 78633
0.00 mi 100% similar Same subdivision
3 bed 2 bath 2,668 sqft Built 2000
Raw Value $694,856
Adjusted Value $606,314

Adjusted -$39,679 for 134 sqft less living space and -$1,595 for being older and -$47,268 for no pool. Net adjustment: -$88,542.

404 MUSTANG WAY, GEORGETOWN, TX 78633
0.00 mi 100% similar Same subdivision
3 bed 2 bath 2,125 sqft Built 1998
Raw Value $642,512
Adjusted Value $763,089

Adjusted +$121,109 for 409 sqft more living space and -$532 for being older. Net adjustment: +$120,577.

The Neighborhood

This home is valued 19.5% above the F001D30F - FLORENCE / BURNET ISD RURAL median of $511,796. With 2,087 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.6% over the past year.

F001D30F - FLORENCE / BURNET ISD RURAL

above average
2,087 Properties
$511,796 Median Value
-8.6% YoY Change
2% Have Pool
22% Have Garage
This Home
$611,657
Median
$511,796

This home is +19.5% above the subdivision median.

Tax Analysis

The estimated annual property tax is $7,958 across all districts. With a homestead exemption claimed, that drops to $6,435 — saving $1,523 per year. That's $536 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

DistrictTypeRateAnnual Amount
Florence ISDSchool1.0182%$5,379
Williamson CountyCounty0.3694%$1,952
Williamson County ESD #4 - Liberty HillESD0.0745%$394
Williamson County FM/RdCounty0.0443%$234
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.5065%$7,958

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $661,393 would pay approximately $4,128 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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