1221 TERRACE VIEW DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $312,555 and $538,168, with a best estimate of $457,675. That places the property below the I448514C - Oaks of San Gabriel median of $483,914, in a neighborhood that appreciated 5.1% over the past year.
Estimated Value Range
$457,675
$454,250
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in I448514C - Oaks of San Gabriel, this home's estimated market value is between $312,555 and $538,168. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$15,154 for 64 sqft less living space and -$40,217 for being older. Net adjustment: -$55,371.
Adjusted +$37,174 for 157 sqft more living space and -$40,217 for being older. Net adjustment: -$3,043.
Adjusted +$98,025 for 414 sqft more living space and -$40,217 for being older. Net adjustment: +$57,808.
Adjusted +$2,605 for 11 sqft more living space and -$50,272 for being older. Net adjustment: -$47,667.
Adjusted +$17,995 for 76 sqft more living space and -$30,163 for being older and -$40,000 for no pool. Net adjustment: -$52,168.
The Neighborhood
This home is valued 6.1% below the I448514C - Oaks of San Gabriel median of $483,914. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 5.1% over the past year.
I448514C - Oaks of San Gabriel
typicalThis home is -6.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $11,089 across all districts. With a homestead exemption claimed, that drops to $9,271 — saving $1,818 per year. That's $773 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 |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $5,628 |
| West Williamson County MUD #1 | MUD | 0.7140% | $3,243 |
| Williamson County | County | 0.3694% | $1,678 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $338 |
| Williamson County FM/Rd | County | 0.0443% | $201 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4412% | $11,089 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $457,675 would pay approximately $2,857 per month (principal and interest only, excluding taxes and insurance).