503 SHEPHERD RD, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $153,069 and $582,791, with a best estimate of $566,363. That places the property above the G210582E - Oakcrest Ranchettes 1,2,3, Greenridge & Highcrest median of $547,832, in a neighborhood that declined 8.5% over the past year.
Estimated Value Range
$566,363
$359,737
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G210582E - Oakcrest Ranchettes 1,2,3, Greenridge & Highcrest, this home's estimated market value is between $153,069 and $582,791. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$4,903 for 19 sqft more living space and +$22,332 for having a garage. Net adjustment: +$27,235.
Adjusted -$29,935 for 116 sqft less living space and -$216,622 for being older. Net adjustment: -$246,557.
Adjusted -$181,161 for 702 sqft less living space and +$22,332 for having a garage. Net adjustment: -$158,829.
Adjusted +$84,903 for 329 sqft more living space and -$41,927 for being older. Net adjustment: +$42,976.
Adjusted -$268,128 for 1,039 sqft less living space. Net adjustment: -$268,128.
The Neighborhood
This home is valued 34.3% below the G210582E - Oakcrest Ranchettes 1,2,3, Greenridge & Highcrest median of $547,832. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.5% over the past year.
G210582E - Oakcrest Ranchettes 1,2,3, Greenridge & Highcrest
below averageThis home is -34.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,596 across all districts. With a homestead exemption claimed, that drops to $4,059 — saving $1,537 per year. That's $338 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% | $3,779 |
| Williamson County | County | 0.3694% | $1,329 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $328 |
| Williamson County FM/Rd | County | 0.0443% | $159 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $5,596 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $566,363 would pay approximately $3,535 per month (principal and interest only, excluding taxes and insurance).