407 PREAKNESS PLACE, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $215,211 and $378,150, with a best estimate of $233,762. That places the property below the G540594E - Stonehedge Sec 1,2, & 3 median of $377,452, in a neighborhood that declined 9.4% over the past year.
Estimated Value Range
$233,762
$379,779
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G540594E - Stonehedge Sec 1,2, & 3, this home's estimated market value is between $215,211 and $378,150. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$80,491 for 301 sqft less living space. Net adjustment: -$80,491.
Adjusted +$5,348 for 20 sqft more living space. Net adjustment: +$5,348.
Adjusted -$82,631 for 309 sqft less living space. Net adjustment: -$82,631.
Adjusted -$139,590 for 522 sqft less living space and -$2,539 for being older. Net adjustment: -$142,129.
Adjusted -$21,660 for 81 sqft less living space. Net adjustment: -$21,660.
The Neighborhood
This home is in line with the G540594E - Stonehedge Sec 1,2, & 3 median of $377,452. Note that values in this subdivision declined 9.4% over the past year.
G540594E - Stonehedge Sec 1,2, & 3
typicalThis home is +0.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,902 across all districts. With a homestead exemption claimed, that drops to $5,294 — saving $1,608 per year. That's $441 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% | $3,990 |
| Williamson County | County | 0.3694% | $1,403 |
| Georgetown | City | 0.3530% | $1,341 |
| Williamson County FM/Rd | County | 0.0443% | $168 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,902 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $233,762 would pay approximately $1,459 per month (principal and interest only, excluding taxes and insurance).