118 CEDAR ELM LN, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $306,774 and $562,875, with a best estimate of $425,222. That places the property below the G761509F - GEORGETOWN VILLAGE R4 median of $434,218, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$425,222
$409,166
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G761509F - GEORGETOWN VILLAGE R4, this home's estimated market value is between $306,774 and $562,875. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$87,885 for 424 sqft less living space and +$410 for being newer. Net adjustment: -$87,475.
Adjusted -$85,605 for 413 sqft less living space and +$410 for being newer. Net adjustment: -$85,195.
Adjusted +$38,554 for 186 sqft more living space and +$410 for being newer. Net adjustment: +$38,964.
Adjusted -$54,928 for 265 sqft less living space and -$1,229 for being older. Net adjustment: -$56,157.
Adjusted -$3,938 for 19 sqft less living space and +$410 for being newer. Net adjustment: -$3,528.
The Neighborhood
This home is valued 5.8% below the G761509F - GEORGETOWN VILLAGE R4 median of $434,218. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 2.8% over the past year.
G761509F - GEORGETOWN VILLAGE R4
typicalThis home is -5.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,927 across all districts. With a homestead exemption claimed, that drops to $6,308 — saving $1,619 per year. That's $526 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% | $4,299 |
| Williamson County | County | 0.3694% | $1,512 |
| Georgetown | City | 0.3530% | $1,444 |
| Georgetown Village PID | pid | 0.1200% | $491 |
| Williamson County FM/Rd | County | 0.0443% | $181 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9374% | $7,927 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $425,222 would pay approximately $2,654 per month (principal and interest only, excluding taxes and insurance).