40204 HERITAGE HOLLOW, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $279,414 and $507,308, with a best estimate of $330,221. That places the property below the G401590F - Pennington Place median of $477,914, in a neighborhood that declined 11.9% over the past year.
Estimated Value Range
$330,221
$415,352
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G401590F - Pennington Place, this home's estimated market value is between $279,414 and $507,308. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$65,223 for 275 sqft less living space and -$15,793 for being older and +$18,429 for having a garage. Net adjustment: -$62,587.
Adjusted -$165,310 for 697 sqft less living space. Net adjustment: -$165,310.
Adjusted -$151,079 for 637 sqft less living space and +$2,632 for being newer. Net adjustment: -$148,447.
Adjusted -$160,566 for 677 sqft less living space. Net adjustment: -$160,566.
Adjusted -$89,889 for 379 sqft less living space and +$47,380 for being newer. Net adjustment: -$42,509.
The Neighborhood
This home is valued 13.1% below the G401590F - Pennington Place median of $477,914. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 11.9% over the past year.
G401590F - Pennington Place
typicalThis home is -13.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,461 across all districts. With a homestead exemption claimed, that drops to $4,914 — saving $1,547 per year. That's $410 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% | $4,364 |
| Williamson County | County | 0.3694% | $1,535 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $379 |
| Williamson County FM/Rd | County | 0.0443% | $184 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $6,461 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $330,221 would pay approximately $2,061 per month (principal and interest only, excluding taxes and insurance).