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500 CENTRAL DR E, GEORGETOWN, TX 78628

GEORGETOWN, 78628 — williamson County

3 bed2 bath1,247 sqftBuilt 1981

Property at a Glance

This home is estimated between $261,589 and $282,611, with a best estimate of $264,734. That places the property below the G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge median of $299,839, in a neighborhood that declined 1.9% over the past year.

Estimated Value Range

$261,589 $282,611
Best Estimate
$264,734
WCAD Value
$266,769
High Confidence

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

Based on 5 comparable properties in G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge, this home's estimated market value is between $261,589 and $282,611. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

502 CENTRAL DR E, GEORGETOWN, TX 78628
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,288 sqft Built 1981
Raw Value $269,947
Adjusted Value $261,589

Adjusted -$8,358 for 41 sqft less living space. Net adjustment: -$8,358.

414 CENTRAL DR E, GEORGETOWN, TX 78628
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,173 sqft Built 1981
Raw Value $267,526
Adjusted Value $282,611

Adjusted +$15,085 for 74 sqft more living space. Net adjustment: +$15,085.

412 CENTRAL DR E, GEORGETOWN, TX 78628
0.03 mi 100% similar Same subdivision
3 bed 2 bath 1,253 sqft Built 1981
Raw Value $263,981
Adjusted Value $262,758

Adjusted -$1,223 for 6 sqft less living space. Net adjustment: -$1,223.

504 CENTRAL DR E, GEORGETOWN, TX 78628
0.03 mi 100% similar Same subdivision
3 bed 2 bath 1,276 sqft Built 1981
Raw Value $270,646
Adjusted Value $264,734

Adjusted -$5,912 for 29 sqft less living space. Net adjustment: -$5,912.

503 CENTRAL DR E, GEORGETOWN, TX 78628
0.03 mi 100% similar Same subdivision
3 bed 2 bath 1,295 sqft Built 1981
Raw Value $286,846
Adjusted Value $277,061

Adjusted -$9,785 for 48 sqft less living space. Net adjustment: -$9,785.

The Neighborhood

This home is valued 11.0% below the G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge median of $299,839. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.9% over the past year.

G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge

typical
309 Properties
$299,839 Median Value
-1.9% YoY Change
4% Have Pool
88% Have Garage
This Home
$266,769
Median
$299,839

This home is -11.0% below the subdivision median.

Tax Analysis

The estimated annual property tax is $4,848 across all districts. With a homestead exemption claimed, that drops to $3,281 — saving $1,567 per year. That's $273 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
Georgetown ISDSchool1.0506%$2,803
Williamson CountyCounty0.3694%$986
GeorgetownCity0.3530%$942
Williamson County FM/RdCounty0.0443%$118
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.8174%$4,848

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $264,734 would pay approximately $1,652 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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