228 WOODLAKE DR, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $172,437 and $495,925, with a best estimate of $469,426. That places the property above the G181404G - WOODLAKE median of $385,101, in a neighborhood that declined 3.7% over the past year.
Estimated Value Range
$469,426
$430,423
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G181404G - WOODLAKE, this home's estimated market value is between $172,437 and $495,925. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$113,310 for 408 sqft more living space. Net adjustment: +$113,310.
Adjusted -$176,908 for 637 sqft less living space. Net adjustment: -$176,908.
Adjusted -$158,856 for 572 sqft less living space. Net adjustment: -$158,856.
Adjusted +$67,208 for 242 sqft more living space and -$7,124 for being older. Net adjustment: +$60,084.
Adjusted +$85,260 for 307 sqft more living space and -$10,686 for being older. Net adjustment: +$74,574.
The Neighborhood
This home is valued 11.8% above the G181404G - WOODLAKE median of $385,101. With 165 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.7% over the past year.
G181404G - WOODLAKE
typicalThis home is +11.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,822 across all districts. With a homestead exemption claimed, that drops to $6,196 — saving $1,626 per year. That's $516 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% | $4,522 |
| Williamson County | County | 0.3694% | $1,590 |
| Georgetown | City | 0.3530% | $1,519 |
| Williamson County FM/Rd | County | 0.0443% | $191 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,822 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $469,426 would pay approximately $2,930 per month (principal and interest only, excluding taxes and insurance).