505 WAGON WHEEL TRL, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $244,050 and $393,796, with a best estimate of $330,186. That places the property above the G125483H - Reata East & Reata Trails median of $317,290, in a neighborhood that declined 4.3% over the past year.
Estimated Value Range
$330,186
$289,755
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G125483H - Reata East & Reata Trails, this home's estimated market value is between $244,050 and $393,796. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$44,566 for 208 sqft more living space and +$5,479 for having a pool. Net adjustment: +$50,045.
Adjusted +$26,140 for 122 sqft more living space and +$5,479 for having a pool. Net adjustment: +$31,619.
Adjusted +$71,563 for 334 sqft more living space and +$5,479 for having a pool. Net adjustment: +$77,042.
Adjusted -$77,562 for 362 sqft less living space and +$5,479 for having a pool. Net adjustment: -$72,083.
Adjusted +$11,570 for 54 sqft more living space and +$5,479 for having a pool. Net adjustment: +$17,049.
The Neighborhood
This home is valued 8.7% below the G125483H - Reata East & Reata Trails median of $317,290. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.3% over the past year.
G125483H - Reata East & Reata Trails
typicalThis home is -8.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,266 across all districts. With a homestead exemption claimed, that drops to $3,690 — saving $1,576 per year. That's $308 per month a buyer should budget. The assessed value increased +18.1% vs the subdivision average of -4.3%. This above-average increase gives a protest opportunity score of 85 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $3,044 |
| Williamson County | County | 0.3694% | $1,070 |
| Georgetown | City | 0.3530% | $1,023 |
| Williamson County FM/Rd | County | 0.0443% | $128 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,266 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $330,186 would pay approximately $2,061 per month (principal and interest only, excluding taxes and insurance).