1918 SUMMIT HILL DR, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $238,270 and $459,496, with a best estimate of $270,313. That places the property below the R417506E - TERAVISTA R4 median of $430,980, in a neighborhood that declined 4.6% over the past year.
Estimated Value Range
$270,313
$447,342
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R417506E - TERAVISTA R4, this home's estimated market value is between $238,270 and $459,496. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$147,577 for 619 sqft less living space. Net adjustment: -$147,577.
Adjusted -$131,365 for 551 sqft less living space. Net adjustment: -$131,365.
Adjusted -$128,266 for 538 sqft less living space and -$819 for being older. Net adjustment: -$129,085.
This comparable closely matches the subject property's features.
Adjusted -$28,371 for 119 sqft less living space. Net adjustment: -$28,371.
The Neighborhood
This home is valued 3.8% above the R417506E - TERAVISTA R4 median of $430,980. With 1,632 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.6% over the past year.
R417506E - TERAVISTA R4
typicalThis home is +3.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,193 across all districts. With a homestead exemption claimed, that drops to $7,640 — saving $1,553 per year. That's $637 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% | $4,700 |
| Williamson County MUD #15 | MUD | 0.4825% | $2,158 |
| Williamson County | County | 0.3694% | $1,653 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $408 |
| Williamson County FM/Rd | County | 0.0443% | $198 |
| Upper Brushy Creek WCID | Water | 0.0170% | $76 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0551% | $9,193 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $270,313 would pay approximately $1,687 per month (principal and interest only, excluding taxes and insurance).