40 MIDNIGHT LN, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $280,695 and $494,386, with a best estimate of $419,548. That places the property below the G305M50H - E Gtown ISD Abstracts median of $596,408, in a neighborhood that appreciated 24.2% over the past year.
Estimated Value Range
$419,548
$505,897
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in G305M50H - E Gtown ISD Abstracts. The estimated range of $280,695 and $494,386 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$91,845 for 303 sqft less living space and +$17,858 for being newer. Net adjustment: -$73,987.
Adjusted -$6,669 for 22 sqft less living space and -$57,144 for being older. Net adjustment: -$63,813.
Adjusted -$59,108 for 195 sqft less living space and -$50,001 for being older. Net adjustment: -$109,109.
Adjusted +$103,667 for 342 sqft more living space and -$53,573 for being older. Net adjustment: +$50,094.
Adjusted +$138,223 for 456 sqft more living space and -$78,573 for being older. Net adjustment: +$59,650.
The Neighborhood
This home is valued 15.2% below the G305M50H - E Gtown ISD Abstracts median of $596,408. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 24.2% over the past year.
G305M50H - E Gtown ISD Abstracts
below averageThis home is -15.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,956 across all districts. With a homestead exemption claimed, that drops to $6,391 — saving $1,565 per year. That's $533 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% | $5,315 |
| Williamson County | County | 0.3694% | $1,869 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $461 |
| Williamson County FM/Rd | County | 0.0443% | $224 |
| Upper Brushy Creek WCID | Water | 0.0170% | $86 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5726% | $7,956 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $419,548 would pay approximately $2,619 per month (principal and interest only, excluding taxes and insurance).