2402 BARK RIDGE TER, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $280,429 and $329,046, with a best estimate of $322,453. That places the property below the G555501F - Summercrest - Lennar median of $342,433, in a neighborhood that declined 4.5% over the past year.
Estimated Value Range
$322,453
$324,198
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G555501F - Summercrest - Lennar, this home's estimated market value is between $280,429 and $329,046. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$6,781 for 25 sqft less living space and +$1,959 for being newer. Net adjustment: -$4,822.
Adjusted -$17,901 for 66 sqft less living space. Net adjustment: -$17,901.
Adjusted -$9,493 for 35 sqft less living space and +$1,959 for being newer. Net adjustment: -$7,534.
Adjusted -$59,942 for 221 sqft less living space. Net adjustment: -$59,942.
Adjusted -$21,970 for 81 sqft less living space and +$1,959 for being newer. Net adjustment: -$20,011.
The Neighborhood
This home is valued 5.3% below the G555501F - Summercrest - Lennar median of $342,433. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.5% over the past year.
G555501F - Summercrest - Lennar
typicalThis home is -5.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,892 across all districts. With a homestead exemption claimed, that drops to $4,304 — saving $1,588 per year. That's $359 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% | $3,406 |
| Williamson County | County | 0.3694% | $1,198 |
| Georgetown | City | 0.3530% | $1,144 |
| Williamson County FM/Rd | County | 0.0443% | $144 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,892 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $322,453 would pay approximately $2,013 per month (principal and interest only, excluding taxes and insurance).