505 MEADOWBROOK DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $317,588 and $379,513, with a best estimate of $347,282. That places the property below the G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5 median of $377,162, in a neighborhood that declined 0.4% over the past year.
Estimated Value Range
$347,282
$402,178
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5, this home's estimated market value is between $317,588 and $379,513. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$39,402 for 188 sqft less living space and +$806 for being newer. Net adjustment: -$38,596.
Adjusted -$15,090 for 72 sqft less living space. Net adjustment: -$15,090.
Adjusted -$3,144 for 15 sqft less living space and +$2,016 for being newer. Net adjustment: -$1,128.
Adjusted -$28,503 for 136 sqft less living space. Net adjustment: -$28,503.
Adjusted -$25,150 for 120 sqft less living space and +$2,016 for being newer. Net adjustment: -$23,134.
The Neighborhood
This home is valued 6.6% above the G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5 median of $377,162. With 358 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.4% over the past year.
G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5
typicalThis home is +6.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,309 across all districts. With a homestead exemption claimed, that drops to $5,693 — saving $1,616 per year. That's $474 per month a buyer should budget. The assessed value increased +16.5% vs the subdivision average of -0.4%. This above-average increase gives a protest opportunity score of 90 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $4,225 |
| Williamson County | County | 0.3694% | $1,486 |
| Georgetown | City | 0.3530% | $1,420 |
| Williamson County FM/Rd | County | 0.0443% | $178 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,309 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $347,282 would pay approximately $2,168 per month (principal and interest only, excluding taxes and insurance).