401 FAIR OAKS DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $470,354 and $612,816, with a best estimate of $472,514. That places the property below the G172613B - WATER OAK NORTH median of $501,966, in a neighborhood that declined 3.7% over the past year.
Estimated Value Range
$472,514
$494,537
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G172613B - WATER OAK NORTH, this home's estimated market value is between $470,354 and $612,816. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$36,199 for 170 sqft more living space and +$5,426 for being newer. Net adjustment: +$41,625.
Adjusted -$55,363 for 260 sqft less living space. Net adjustment: -$55,363.
Adjusted -$35,986 for 169 sqft less living space and -$10,853 for being older. Net adjustment: -$46,839.
Adjusted -$40,670 for 191 sqft less living space and -$5,426 for being older. Net adjustment: -$46,096.
Adjusted -$19,164 for 90 sqft less living space and +$5,426 for being newer. Net adjustment: -$13,738.
The Neighborhood
This home is valued 1.5% below the G172613B - WATER OAK NORTH median of $501,966. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.7% over the past year.
G172613B - WATER OAK NORTH
typicalThis home is -1.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,243 across all districts. With a homestead exemption claimed, that drops to $10,680 — saving $1,563 per year. That's $890 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% | $5,196 |
| Williamson County MUD #25 | MUD | 0.9200% | $4,550 |
| Williamson County | County | 0.3694% | $1,827 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $451 |
| Williamson County FM/Rd | County | 0.0443% | $219 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4756% | $12,243 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $472,514 would pay approximately $2,949 per month (principal and interest only, excluding taxes and insurance).