508 VENETA LN, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $294,461 and $356,797, with a best estimate of $336,157. That places the property below the G755321C - TRES TIERRAS median of $360,426, in a neighborhood that declined 1.5% over the past year.
Estimated Value Range
$336,157
$331,038
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G755321C - TRES TIERRAS, this home's estimated market value is between $294,461 and $356,797. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$9,072 for 40 sqft more living space. Net adjustment: +$9,072.
Adjusted +$44,226 for 195 sqft more living space. Net adjustment: +$44,226.
Adjusted -$83,009 for 366 sqft less living space. Net adjustment: -$83,009.
Adjusted +$40,370 for 178 sqft more living space. Net adjustment: +$40,370.
Adjusted -$65,772 for 290 sqft less living space. Net adjustment: -$65,772.
The Neighborhood
This home is valued 8.2% below the G755321C - TRES TIERRAS median of $360,426. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.5% over the past year.
G755321C - TRES TIERRAS
typicalThis home is -8.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,976 across all districts. With a homestead exemption claimed, that drops to $5,386 — saving $1,590 per year. That's $449 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% | $3,478 |
| Williamson County | County | 0.3694% | $1,223 |
| Georgetown | City | 0.3530% | $1,169 |
| Somerset Hills Rd District #3 | Road | 0.2900% | $960 |
| Williamson County FM/Rd | County | 0.0443% | $147 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1074% | $6,976 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $336,157 would pay approximately $2,098 per month (principal and interest only, excluding taxes and insurance).