40205 HERITAGE HOLLOW, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $505,333 and $590,134, with a best estimate of $546,153. That places the property above the G401590F - Pennington Place median of $477,914, in a neighborhood that declined 11.9% over the past year.
Estimated Value Range
$546,153
$495,114
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G401590F - Pennington Place, this home's estimated market value is between $505,333 and $590,134. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$24,429 for 103 sqft more living space and +$28,954 for being newer. Net adjustment: +$53,383.
Adjusted +$77,319 for 326 sqft more living space and +$5,264 for being newer. Net adjustment: +$82,583.
Adjusted +$86,094 for 363 sqft more living space and -$52,644 for being older. Net adjustment: +$33,450.
Adjusted +$34,864 for 147 sqft more living space and +$2,632 for being newer. Net adjustment: +$37,496.
Adjusted +$142,778 for 602 sqft more living space and +$2,632 for being newer. Net adjustment: +$145,410.
The Neighborhood
This home is valued 3.6% above the G401590F - Pennington Place median of $477,914. With 34 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 11.9% over the past year.
G401590F - Pennington Place
typicalThis home is +3.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,702 across all districts. With a homestead exemption claimed, that drops to $6,140 — saving $1,562 per year. That's $512 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% | $5,202 |
| Williamson County | County | 0.3694% | $1,829 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $452 |
| Williamson County FM/Rd | County | 0.0443% | $219 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $7,702 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $546,153 would pay approximately $3,409 per month (principal and interest only, excluding taxes and insurance).