115 MELISSA CT, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $332,399 and $400,597, with a best estimate of $348,456. That places the property above the G194597G - Village of River Bend median of $320,800, in a neighborhood that declined 3.6% over the past year.
Estimated Value Range
$348,456
$332,416
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $332,399 and $400,597. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$13,946 for 69 sqft more living space and +$4,913 for being newer. Net adjustment: +$18,859.
Adjusted -$4,446 for 22 sqft less living space and -$6,294 for no pool. Net adjustment: -$10,740.
Adjusted +$42,242 for 209 sqft more living space. Net adjustment: +$42,242.
Adjusted +$25,264 for 125 sqft more living space and -$4,913 for being older and -$6,294 for no pool. Net adjustment: +$14,057.
Adjusted -$7,882 for 39 sqft less living space and -$4,913 for being older. Net adjustment: -$12,795.
The Neighborhood
This home is valued 3.6% above the G194597G - Village of River Bend median of $320,800. With 61 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.6% over the past year.
G194597G - Village of River Bend
typicalThis home is +3.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,041 across all districts. With a homestead exemption claimed, that drops to $4,450 — saving $1,591 per year. That's $371 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% | $3,492 |
| Williamson County | County | 0.3694% | $1,228 |
| Georgetown | City | 0.3530% | $1,173 |
| Williamson County FM/Rd | County | 0.0443% | $147 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,041 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $348,456 would pay approximately $2,175 per month (principal and interest only, excluding taxes and insurance).