221 SPANISH OAK DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $181,026 and $328,714, with a best estimate of $306,647. That places the property below the G182484G - Oakcrest Estates Unit 1 median of $362,800, in a neighborhood that appreciated 2.8% over the past year.
Estimated Value Range
$306,647
$306,524
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G182484G - Oakcrest Estates Unit 1, this home's estimated market value is between $181,026 and $328,714. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$53,904 for 257 sqft less living space and -$2,115 for being older. Net adjustment: -$56,019.
Adjusted -$132,977 for 634 sqft less living space and +$10,576 for being newer and -$21,564 for no pool. Net adjustment: -$143,965.
Adjusted -$66,069 for 315 sqft less living space and +$3,173 for being newer. Net adjustment: -$62,896.
Adjusted -$4,405 for 21 sqft less living space and -$8,461 for being older. Net adjustment: -$12,866.
Adjusted -$103,823 for 495 sqft less living space and +$3,173 for being newer. Net adjustment: -$100,650.
The Neighborhood
This home is valued 15.5% below the G182484G - Oakcrest Estates Unit 1 median of $362,800. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 2.8% over the past year.
G182484G - Oakcrest Estates Unit 1
below averageThis home is -15.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,768 across all districts. With a homestead exemption claimed, that drops to $3,241 — saving $1,527 per year. That's $270 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% | $3,220 |
| Williamson County | County | 0.3694% | $1,132 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $280 |
| Williamson County FM/Rd | County | 0.0443% | $136 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $4,768 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $306,647 would pay approximately $1,914 per month (principal and interest only, excluding taxes and insurance).