506 WOODLAND PARK, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $950,110 and $1,314,045, with a best estimate of $982,841. That places the property above the G720601C - WOODLAND PARK & WOODLAND PARK WEST median of $936,407, in a neighborhood that declined 4.3% over the past year.
Estimated Value Range
$982,841
$971,251
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G720601C - WOODLAND PARK & WOODLAND PARK WEST, this home's estimated market value is between $950,110 and $1,314,045. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$264,328 for 906 sqft more living space and +$15,996 for being newer. Net adjustment: +$280,324.
Adjusted +$61,560 for 211 sqft more living space and +$23,993 for being newer. Net adjustment: +$85,553.
Adjusted +$84,025 for 288 sqft more living space and +$23,993 for being newer. Net adjustment: +$108,018.
Adjusted +$46,680 for 160 sqft more living space and +$7,998 for being newer. Net adjustment: +$54,678.
Adjusted -$44,930 for 154 sqft less living space and +$15,996 for being newer. Net adjustment: -$28,934.
The Neighborhood
This home is valued 3.7% above the G720601C - WOODLAND PARK & WOODLAND PARK WEST median of $936,407. With 320 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.3% over the past year.
G720601C - WOODLAND PARK & WOODLAND PARK WEST
typicalThis home is +3.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,109 across all districts. With a homestead exemption claimed, that drops to $13,458 — saving $1,651 per year. That's $1,122 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% | $10,204 |
| Williamson County | County | 0.3694% | $3,588 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $886 |
| Williamson County FM/Rd | County | 0.0443% | $431 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $15,109 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $982,841 would pay approximately $6,135 per month (principal and interest only, excluding taxes and insurance).