1018 SUMMER GLN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $371,987 and $488,622, with a best estimate of $418,776. That places the property below the G172613B - WATER OAK NORTH median of $501,966, in a neighborhood that declined 3.7% over the past year.
Estimated Value Range
$418,776
$495,448
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G172613B - WATER OAK NORTH, this home's estimated market value is between $371,987 and $488,622. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$5,749 for 27 sqft less living space and -$5,426 for being older. Net adjustment: -$11,175.
Adjusted -$43,013 for 202 sqft less living space and -$5,426 for being older. Net adjustment: -$48,439.
Adjusted +$50,252 for 236 sqft more living space and -$5,426 for being older. Net adjustment: +$44,826.
Adjusted -$40,457 for 190 sqft less living space. Net adjustment: -$40,457.
Adjusted +$1,491 for 7 sqft more living space and -$5,426 for being older. Net adjustment: -$3,935.
The Neighborhood
This home is valued 1.3% below the G172613B - WATER OAK NORTH median of $501,966. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.7% over the past year.
G172613B - WATER OAK NORTH
typicalThis home is -1.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,265 across all districts. With a homestead exemption claimed, that drops to $10,703 — saving $1,562 per year. That's $892 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% | $5,205 |
| Williamson County MUD #25 | MUD | 0.9200% | $4,558 |
| Williamson County | County | 0.3694% | $1,830 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $452 |
| Williamson County FM/Rd | County | 0.0443% | $220 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4756% | $12,265 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $418,776 would pay approximately $2,614 per month (principal and interest only, excluding taxes and insurance).