1016 TIPTON ST, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $285,129 and $347,634, with a best estimate of $330,391. That places the property below the G755321C - TRES TIERRAS median of $360,426, in a neighborhood that declined 1.5% over the past year.
Estimated Value Range
$330,391
$331,201
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G755321C - TRES TIERRAS, this home's estimated market value is between $285,129 and $347,634. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$7,031 for 31 sqft more living space and -$1,636 for being older. Net adjustment: +$5,395.
Adjusted -$93,442 for 412 sqft less living space and -$1,636 for being older. Net adjustment: -$95,078.
Adjusted +$34,247 for 151 sqft more living space and -$1,636 for being older. Net adjustment: +$32,611.
Adjusted +$4,309 for 19 sqft more living space and -$1,636 for being older. Net adjustment: +$2,673.
Adjusted -$54,432 for 240 sqft less living space and -$1,636 for being older. Net adjustment: -$56,068.
The Neighborhood
This home is valued 8.1% below the G755321C - TRES TIERRAS median of $360,426. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.5% over the past year.
G755321C - TRES TIERRAS
typicalThis home is -8.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,980 across all districts. With a homestead exemption claimed, that drops to $5,389 — saving $1,591 per year. That's $449 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% | $3,480 |
| Williamson County | County | 0.3694% | $1,224 |
| Georgetown | City | 0.3530% | $1,169 |
| Somerset Hills Rd District #3 | Road | 0.2900% | $960 |
| Williamson County FM/Rd | County | 0.0443% | $147 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1074% | $6,980 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $330,391 would pay approximately $2,062 per month (principal and interest only, excluding taxes and insurance).