31007 MAGNOLIA CT, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $582,801 and $1,094,189, with a best estimate of $905,665. That places the property above the G110693B - Berry Creek Sec 1,3, & 10 median of $543,838, in a neighborhood that declined 3.1% over the past year.
Estimated Value Range
$905,665
$595,649
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G110693B - Berry Creek Sec 1,3, & 10, this home's estimated market value is between $582,801 and $1,094,189. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$79,645 for 344 sqft more living space and -$4,430 for being older. Net adjustment: +$75,215.
Adjusted +$2,547 for 11 sqft more living space and +$1,108 for being newer. Net adjustment: +$3,655.
Adjusted +$299,828 for 1,295 sqft more living space and -$1,108 for being older. Net adjustment: +$298,720.
Adjusted +$184,990 for 799 sqft more living space and -$6,645 for being older. Net adjustment: +$178,345.
Adjusted +$90,064 for 389 sqft more living space and +$2,215 for being newer. Net adjustment: +$92,279.
The Neighborhood
This home is valued 9.5% above the G110693B - Berry Creek Sec 1,3, & 10 median of $543,838. With 845 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.1% over the past year.
G110693B - Berry Creek Sec 1,3, & 10
typicalThis home is +9.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,825 across all districts. With a homestead exemption claimed, that drops to $9,139 — saving $1,686 per year. That's $762 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% | $6,258 |
| Williamson County | County | 0.3694% | $2,201 |
| Georgetown | City | 0.3530% | $2,103 |
| Williamson County FM/Rd | County | 0.0443% | $264 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $10,825 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $905,665 would pay approximately $5,653 per month (principal and interest only, excluding taxes and insurance).