509 MEADOW PARK DR, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $186,632 and $491,214, with a best estimate of $282,077. That places the property below the G542404I - MEADOWS OF GEORGETOWN median of $315,093, in a neighborhood that declined 7.1% over the past year.
Estimated Value Range
$282,077
$281,083
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G542404I - MEADOWS OF GEORGETOWN, this home's estimated market value is between $186,632 and $491,214. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$178,210 for 538 sqft more living space and +$4,259 for being newer. Net adjustment: +$182,469.
Adjusted +$103,680 for 313 sqft more living space. Net adjustment: +$103,680.
Adjusted -$34,781 for 105 sqft less living space. Net adjustment: -$34,781.
Adjusted +$2,981 for 9 sqft more living space and -$4,259 for being older. Net adjustment: -$1,278.
Adjusted -$106,330 for 321 sqft less living space. Net adjustment: -$106,330.
The Neighborhood
This home is valued 10.8% below the G542404I - MEADOWS OF GEORGETOWN median of $315,093. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.1% over the past year.
G542404I - MEADOWS OF GEORGETOWN
typicalThis home is -10.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,108 across all districts. With a homestead exemption claimed, that drops to $3,536 — saving $1,572 per year. That's $295 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% | $2,953 |
| Williamson County | County | 0.3694% | $1,038 |
| Georgetown | City | 0.3530% | $992 |
| Williamson County FM/Rd | County | 0.0443% | $125 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,108 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $282,077 would pay approximately $1,761 per month (principal and interest only, excluding taxes and insurance).