502 MEADOW PARK DR, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $93,220 and $302,357, with a best estimate of $269,408. That places the property below the G542404I - MEADOWS OF GEORGETOWN median of $315,093, in a neighborhood that declined 7.1% over the past year.
Estimated Value Range
$269,408
$316,452
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G542404I - MEADOWS OF GEORGETOWN, this home's estimated market value is between $93,220 and $302,357. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$89,436 for 270 sqft less living space and +$4,259 for being newer. Net adjustment: -$85,177.
Adjusted -$14,906 for 45 sqft less living space and +$8,518 for being newer. Net adjustment: -$6,388.
Adjusted -$89,436 for 270 sqft less living space and +$12,777 for being newer. Net adjustment: -$76,659.
Adjusted -$89,436 for 270 sqft less living space and +$4,259 for being newer. Net adjustment: -$85,177.
Adjusted -$190,135 for 574 sqft less living space. Net adjustment: -$190,135.
The Neighborhood
This home is in line with the G542404I - MEADOWS OF GEORGETOWN median of $315,093. Note that values in this subdivision declined 7.1% over the past year.
G542404I - MEADOWS OF GEORGETOWN
typicalThis home is +0.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,751 across all districts. With a homestead exemption claimed, that drops to $4,166 — saving $1,585 per year. That's $347 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% | $3,325 |
| Williamson County | County | 0.3694% | $1,169 |
| Georgetown | City | 0.3530% | $1,117 |
| Williamson County FM/Rd | County | 0.0443% | $140 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,751 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $269,408 would pay approximately $1,682 per month (principal and interest only, excluding taxes and insurance).