505 FRIENDSWOOD DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $313,523 and $453,509, with a best estimate of $370,439. That places the property below the G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5 median of $377,162, in a neighborhood that declined 0.4% over the past year.
Estimated Value Range
$370,439
$369,444
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5, this home's estimated market value is between $313,523 and $453,509. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$52,815 for 252 sqft more living space. Net adjustment: +$52,815.
Adjusted -$2,934 for 14 sqft less living space and +$2,822 for being newer. Net adjustment: -$112.
Adjusted -$60,360 for 288 sqft less living space and +$2,822 for being newer. Net adjustment: -$57,538.
Adjusted -$89,283 for 426 sqft less living space. Net adjustment: -$89,283.
Adjusted +$69,582 for 332 sqft more living space. Net adjustment: +$69,582.
The Neighborhood
This home is valued 2.0% below the G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5 median of $377,162. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.4% over the past year.
G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5
typicalThis home is -2.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,714 across all districts. With a homestead exemption claimed, that drops to $5,110 — saving $1,604 per year. That's $426 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% | $3,881 |
| Williamson County | County | 0.3694% | $1,365 |
| Georgetown | City | 0.3530% | $1,304 |
| Williamson County FM/Rd | County | 0.0443% | $164 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,714 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $370,439 would pay approximately $2,312 per month (principal and interest only, excluding taxes and insurance).