31004 MAGNOLIA CT, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $507,585 and $1,018,974, with a best estimate of $579,211. 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
$579,211
$830,450
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 $507,585 and $1,018,974. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$79,645 for 344 sqft less living space and +$4,430 for being newer. Net adjustment: -$75,215.
Adjusted +$105,345 for 455 sqft more living space and -$2,215 for being older. Net adjustment: +$103,130.
Adjusted -$77,099 for 333 sqft less living space and +$5,538 for being newer. Net adjustment: -$71,561.
Adjusted +$220,182 for 951 sqft more living space and +$3,323 for being newer. Net adjustment: +$223,505.
Adjusted +$10,419 for 45 sqft more living space and +$6,645 for being newer. Net adjustment: +$17,064.
The Neighborhood
This home is valued 52.7% 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
outlier highThis home is +52.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,092 across all districts. With a homestead exemption claimed, that drops to $13,322 — saving $1,770 per year. That's $1,110 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% | $8,725 |
| Williamson County | County | 0.3694% | $3,068 |
| Georgetown | City | 0.3530% | $2,931 |
| Williamson County FM/Rd | County | 0.0443% | $368 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $15,092 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $579,211 would pay approximately $3,615 per month (principal and interest only, excluding taxes and insurance).