505 RALEIGH DR, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $418,920 and $558,633, with a best estimate of $424,174. That places the property below the G722620A - OAKS AT HIGHLAND VILLAGE median of $445,959, in a neighborhood that appreciated 204.6% over the past year.
Estimated Value Range
$424,174
$424,174
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G722620A - OAKS AT HIGHLAND VILLAGE, this home's estimated market value is between $418,920 and $558,633. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$74,819 for 371 sqft more living space. Net adjustment: +$74,819.
This comparable closely matches the subject property's features.
Adjusted +$72,803 for 361 sqft more living space. Net adjustment: +$72,803.
Adjusted -$33,074 for 164 sqft less living space. Net adjustment: -$33,074.
Adjusted +$26,217 for 130 sqft more living space. Net adjustment: +$26,217.
The Neighborhood
This home is valued 4.9% below the G722620A - OAKS AT HIGHLAND VILLAGE median of $445,959. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 204.6% over the past year.
G722620A - OAKS AT HIGHLAND VILLAGE
typicalThis home is -4.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,939 across all districts. With a homestead exemption claimed, that drops to $7,315 — saving $1,624 per year. That's $610 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% | $4,456 |
| Williamson County | County | 0.3694% | $1,567 |
| Georgetown | City | 0.3530% | $1,497 |
| Somerset Hills Rd District #3 | Road | 0.2900% | $1,230 |
| Williamson County FM/Rd | County | 0.0443% | $188 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1074% | $8,939 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $424,174 would pay approximately $2,648 per month (principal and interest only, excluding taxes and insurance).