505 SHEEP SHANK DR, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $299,762 and $468,945, with a best estimate of $420,581. That places the property below the G761509F - GEORGETOWN VILLAGE R4 median of $434,218, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$420,581
$352,652
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G761509F - GEORGETOWN VILLAGE R4, this home's estimated market value is between $299,762 and $468,945. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$98,457 for 475 sqft less living space. Net adjustment: -$98,457.
Adjusted -$24,873 for 120 sqft less living space. Net adjustment: -$24,873.
Adjusted +$23,837 for 115 sqft more living space. Net adjustment: +$23,837.
Adjusted -$2,073 for 10 sqft less living space. Net adjustment: -$2,073.
Adjusted +$16,168 for 78 sqft more living space. Net adjustment: +$16,168.
The Neighborhood
This home is valued 18.8% below the G761509F - GEORGETOWN VILLAGE R4 median of $434,218. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 2.8% over the past year.
G761509F - GEORGETOWN VILLAGE R4
below averageThis home is -18.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,832 across all districts. With a homestead exemption claimed, that drops to $5,234 — saving $1,598 per year. That's $436 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% | $3,705 |
| Williamson County | County | 0.3694% | $1,303 |
| Georgetown | City | 0.3530% | $1,245 |
| Georgetown Village PID | pid | 0.1200% | $423 |
| Williamson County FM/Rd | County | 0.0443% | $156 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9374% | $6,832 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $420,581 would pay approximately $2,625 per month (principal and interest only, excluding taxes and insurance).