516 HIGHLAND SPRINGS LN, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $849,857 and $1,298,255, with a best estimate of $1,123,168. That places the property above the G716700A - County 262 Lake Properties (Log) median of $975,636, in a neighborhood that appreciated 5.6% over the past year.
Estimated Value Range
$1,123,168
$858,908
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G716700A - County 262 Lake Properties (Log), this home's estimated market value is between $849,857 and $1,298,255. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$147,313 for 465 sqft less living space and -$29,070 for being older. Net adjustment: -$176,383.
Adjusted +$125,137 for 395 sqft more living space and +$14,535 for being newer. Net adjustment: +$139,672.
Adjusted +$17,424 for 55 sqft more living space and +$43,605 for being newer. Net adjustment: +$61,029.
Adjusted -$92,506 for 292 sqft less living space. Net adjustment: -$92,506.
Adjusted +$131,473 for 415 sqft more living space. Net adjustment: +$131,473.
The Neighborhood
This home is valued 12.0% below the G716700A - County 262 Lake Properties (Log) median of $975,636. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 5.6% over the past year.
G716700A - County 262 Lake Properties (Log)
typicalThis home is -12.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $13,361 across all districts. With a homestead exemption claimed, that drops to $11,731 — saving $1,630 per year. That's $978 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% | $9,024 |
| Williamson County | County | 0.3694% | $3,173 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $783 |
| Williamson County FM/Rd | County | 0.0443% | $381 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $13,361 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,123,168 would pay approximately $7,011 per month (principal and interest only, excluding taxes and insurance).