1243 FALLING HILLS DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $403,081 and $473,260, with a best estimate of $442,030. That places the property below the G172613B - WATER OAK NORTH median of $501,966, in a neighborhood that declined 3.7% over the past year.
Estimated Value Range
$442,030
$449,175
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G172613B - WATER OAK NORTH, this home's estimated market value is between $403,081 and $473,260. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$34,495 for 162 sqft less living space. Net adjustment: -$34,495.
Adjusted -$47,484 for 223 sqft less living space and +$10,853 for being newer. Net adjustment: -$36,631.
Adjusted +$32,366 for 152 sqft more living space. Net adjustment: +$32,366.
Adjusted -$80,489 for 378 sqft less living space. Net adjustment: -$80,489.
Adjusted -$26,830 for 126 sqft less living space and +$10,853 for being newer. Net adjustment: -$15,977.
The Neighborhood
This home is valued 10.5% below the G172613B - WATER OAK NORTH median of $501,966. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.7% over the past year.
G172613B - WATER OAK NORTH
typicalThis home is -10.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $11,120 across all districts. With a homestead exemption claimed, that drops to $9,566 — saving $1,554 per year. That's $797 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% | $4,719 |
| Williamson County MUD #25 | MUD | 0.9200% | $4,132 |
| Williamson County | County | 0.3694% | $1,659 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $410 |
| Williamson County FM/Rd | County | 0.0443% | $199 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4756% | $11,120 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $442,030 would pay approximately $2,759 per month (principal and interest only, excluding taxes and insurance).