550 COUNTY ROAD 261, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $442,913 and $707,069, with a best estimate of $564,149. That places the property below the G745D00B - GEORGETOWN LAKE AREA ACREAGE median of $848,718, in a neighborhood that appreciated 4.1% over the past year.
Estimated Value Range
$564,149
$1,136,565
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $442,913 and $707,069. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$103,373 for 283 sqft less living space and -$19,840 for being older and -$100,926 for no garage. Net adjustment: -$224,139.
Adjusted +$173,141 for 474 sqft more living space and -$100,926 for no garage. Net adjustment: +$72,215.
Adjusted -$85,110 for 233 sqft less living space and -$13,227 for being older and -$100,926 for no garage. Net adjustment: -$199,263.
Adjusted -$256,425 for 702 sqft less living space and -$19,840 for being older and -$100,926 for no garage. Net adjustment: -$377,191.
Adjusted -$5,479 for 15 sqft less living space and -$6,613 for being older and -$100,926 for no garage. Net adjustment: -$113,018.
The Neighborhood
This home is valued 33.9% above the G745D00B - GEORGETOWN LAKE AREA ACREAGE median of $848,718. With 80 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 4.1% over the past year.
G745D00B - GEORGETOWN LAKE AREA ACREAGE
above averageThis home is +33.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $17,514 across all districts. With a homestead exemption claimed, that drops to $15,836 — saving $1,678 per year. That's $1,320 per month a buyer should budget. The assessed value increased +11.0% vs the subdivision average of +4.1%. This above-average increase gives a protest opportunity score of 70 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $11,829 |
| Williamson County | County | 0.3694% | $4,160 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $1,027 |
| Williamson County FM/Rd | County | 0.0443% | $499 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $17,514 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $564,149 would pay approximately $3,521 per month (principal and interest only, excluding taxes and insurance).