118 WESTBURY LN, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $372,014 and $648,201, with a best estimate of $554,396. That places the property above the G760500D - Georgetown Village - Shell Ranch R3 median of $390,860, in a neighborhood that declined 1.7% over the past year.
Estimated Value Range
$554,396
$563,625
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G760500D - Georgetown Village - Shell Ranch R3, this home's estimated market value is between $372,014 and $648,201. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$57,977 for 268 sqft less living space and -$530 for being older. Net adjustment: -$58,507.
Adjusted +$54,948 for 254 sqft more living space and -$132 for being older. Net adjustment: +$54,816.
Adjusted -$39,805 for 184 sqft less living space and +$132 for being newer. Net adjustment: -$39,673.
Adjusted +$40,238 for 186 sqft more living space and +$397 for being newer. Net adjustment: +$40,635.
Adjusted +$51,703 for 239 sqft more living space and +$530 for being newer. Net adjustment: +$52,233.
The Neighborhood
This home is valued 44.2% above the G760500D - Georgetown Village - Shell Ranch R3 median of $390,860. With 480 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.7% over the past year.
G760500D - Georgetown Village - Shell Ranch R3
above averageThis home is +44.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,920 across all districts. With a homestead exemption claimed, that drops to $9,245 — saving $1,675 per year. That's $770 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% | $5,921 |
| Williamson County | County | 0.3694% | $2,082 |
| Georgetown | City | 0.3530% | $1,990 |
| Georgetown Village PID | pid | 0.1200% | $676 |
| Williamson County FM/Rd | County | 0.0443% | $250 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9374% | $10,920 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $554,396 would pay approximately $3,461 per month (principal and interest only, excluding taxes and insurance).