228 DRACO ST, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $527,855 and $616,539, with a best estimate of $557,039. That places the property above the I411416C - MORNING STAR median of $366,054, in a neighborhood that appreciated 2.4% over the past year.
Estimated Value Range
$557,039
$639,871
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in I411416C - MORNING STAR, this home's estimated market value is between $527,855 and $616,539. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$85,876 for 344 sqft more living space and +$22,401 for being newer. Net adjustment: +$108,277.
Adjusted -$32,703 for 131 sqft less living space. Net adjustment: -$32,703.
Adjusted -$60,912 for 244 sqft less living space and +$22,401 for being newer. Net adjustment: -$38,511.
Adjusted -$72,894 for 292 sqft less living space and -$11,201 for being older. Net adjustment: -$84,095.
Adjusted +$136,303 for 546 sqft more living space. Net adjustment: +$136,303.
The Neighborhood
This home is valued 74.8% above the I411416C - MORNING STAR median of $366,054. With 1,887 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 2.4% over the past year.
I411416C - MORNING STAR
outlier highThis home is +74.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $16,938 across all districts. With a homestead exemption claimed, that drops to $15,086 — saving $1,852 per year. That's $1,257 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 |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $7,927 |
| Williamson County MUD #23 | MUD | 0.9200% | $5,887 |
| Williamson County | County | 0.3694% | $2,364 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $477 |
| Williamson County FM/Rd | County | 0.0443% | $284 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.6472% | $16,938 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $557,039 would pay approximately $3,477 per month (principal and interest only, excluding taxes and insurance).