116 GREAT OAK LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $430,451 and $568,998, with a best estimate of $454,241. That places the property below the G226716A - WOLF RANCH - SOUTH median of $571,067, in a neighborhood that appreciated 93.5% over the past year.
Estimated Value Range
$454,241
$469,180
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G226716A - WOLF RANCH - SOUTH, this home's estimated market value is between $430,451 and $568,998. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$77,739 for 275 sqft less living space. Net adjustment: -$77,739.
Adjusted +$13,569 for 48 sqft more living space and -$13,181 for being older. Net adjustment: +$388.
Adjusted -$48,622 for 172 sqft less living space and -$13,181 for being older. Net adjustment: -$61,803.
Adjusted -$48,339 for 171 sqft less living space and +$13,181 for being newer. Net adjustment: -$35,158.
Adjusted -$46,643 for 165 sqft less living space and +$13,181 for being newer. Net adjustment: -$33,462.
The Neighborhood
This home is valued 17.8% below the G226716A - WOLF RANCH - SOUTH median of $571,067. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 93.5% over the past year.
G226716A - WOLF RANCH - SOUTH
below averageThis home is -17.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $11,576 across all districts. With a homestead exemption claimed, that drops to $9,936 — saving $1,640 per year. That's $828 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% | $4,929 |
| Williamson County MUD #29 | MUD | 0.6500% | $3,050 |
| Williamson County | County | 0.3694% | $1,733 |
| Georgetown | City | 0.3530% | $1,656 |
| Williamson County FM/Rd | County | 0.0443% | $208 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4674% | $11,576 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $454,241 would pay approximately $2,835 per month (principal and interest only, excluding taxes and insurance).