2040 AIRPORT RD, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $7,520,085 and $7,982,603, with a best estimate of $7,755,053. That places the property above the G80IW - Mini-warehouse-west Georgetown median of $5,572,825, in a neighborhood that appreciated 497.5% over the past year.
Estimated Value Range
$7,755,053
$14,131,056
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in G80IW - Mini-warehouse-west Georgetown. The estimated range of $7,520,085 and $7,982,603 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$6,635,897 for 27,483 sqft more living space and -$405 for being older and -$60,193 for no garage. Net adjustment: +$6,575,299.
Adjusted +$7,281,305 for 30,156 sqft more living space and -$405 for being older and -$60,193 for no garage. Net adjustment: +$7,220,707.
Adjusted +$6,644,831 for 27,520 sqft more living space and -$1,315 for being older and -$60,193 for no garage. Net adjustment: +$6,583,323.
Adjusted +$7,012,083 for 29,041 sqft more living space and -$101 for being older and -$60,193 for no garage. Net adjustment: +$6,951,789.
Adjusted +$7,012,083 for 29,041 sqft more living space and -$101 for being older and -$60,193 for no garage. Net adjustment: +$6,951,789.
The Neighborhood
This home is valued 153.6% above the G80IW - Mini-warehouse-west Georgetown median of $5,572,825. With 5 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 497.5% over the past year.
G80IW - Mini-warehouse-west Georgetown
outlier highThis home is +153.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $256,814 across all districts. With a homestead exemption claimed, that drops to $250,239 — saving $6,575 per year. That's $20,853 per month a buyer should budget. The assessed value increased +2305.4% vs the subdivision average of +497.5%. This above-average increase gives a protest opportunity score of 100 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $148,461 |
| Williamson County | County | 0.3694% | $52,207 |
| Georgetown | City | 0.3530% | $49,883 |
| Williamson County FM/Rd | County | 0.0443% | $6,264 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $256,814 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $7,755,053 would pay approximately $48,407 per month (principal and interest only, excluding taxes and insurance).