723 HEDGEWOOD DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $245,335 and $275,288, with a best estimate of $250,511. That places the property below the G127507D - REATA TRAILS-BRIARWOOD median of $406,622, in a neighborhood that declined 5.0% over the past year.
Estimated Value Range
$250,511
$366,471
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G127507D - REATA TRAILS-BRIARWOOD, this home's estimated market value is between $245,335 and $275,288. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$124,583 for 598 sqft less living space and -$508 for being older and -$60,193 for no garage. Net adjustment: -$185,284.
Adjusted -$33,958 for 163 sqft less living space and -$60,193 for no garage. Net adjustment: -$94,151.
Adjusted -$88,958 for 427 sqft less living space and -$1,016 for being older and -$60,193 for no garage. Net adjustment: -$150,167.
Adjusted -$100,000 for 480 sqft less living space and -$1,777 for being older and -$60,193 for no garage. Net adjustment: -$161,970.
Adjusted -$90,625 for 435 sqft less living space and -$1,523 for being older and -$60,193 for no garage. Net adjustment: -$152,341.
The Neighborhood
This home is valued 9.9% below the G127507D - REATA TRAILS-BRIARWOOD median of $406,622. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 5.0% over the past year.
G127507D - REATA TRAILS-BRIARWOOD
typicalThis home is -9.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,660 across all districts. With a homestead exemption claimed, that drops to $5,057 — saving $1,603 per year. That's $421 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% | $3,850 |
| Williamson County | County | 0.3694% | $1,354 |
| Georgetown | City | 0.3530% | $1,294 |
| Williamson County FM/Rd | County | 0.0443% | $162 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,660 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $250,511 would pay approximately $1,564 per month (principal and interest only, excluding taxes and insurance).