111 MELISSA CT, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $313,540 and $381,739, with a best estimate of $329,597. That places the property above the G194597G - Village of River Bend median of $320,800, in a neighborhood that declined 3.6% over the past year.
Estimated Value Range
$329,597
$320,282
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $313,540 and $381,739. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$13,946 for 69 sqft less living space and -$4,913 for being older. Net adjustment: -$18,859.
Adjusted +$28,296 for 140 sqft more living space and -$4,913 for being older. Net adjustment: +$23,383.
Adjusted -$21,828 for 108 sqft less living space and -$9,825 for being older. Net adjustment: -$31,653.
Adjusted +$11,318 for 56 sqft more living space and -$9,825 for being older and -$6,294 for no pool. Net adjustment: -$4,801.
Adjusted -$18,392 for 91 sqft less living space and -$4,913 for being older and -$6,294 for no pool. Net adjustment: -$29,599.
The Neighborhood
This home is in line with the G194597G - Village of River Bend median of $320,800. Note that values in this subdivision declined 3.6% over the past year.
G194597G - Village of River Bend
typicalThis home is -0.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,821 across all districts. With a homestead exemption claimed, that drops to $4,234 — saving $1,587 per year. That's $353 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% | $3,365 |
| Williamson County | County | 0.3694% | $1,183 |
| Georgetown | City | 0.3530% | $1,131 |
| Williamson County FM/Rd | County | 0.0443% | $142 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,821 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $329,597 would pay approximately $2,057 per month (principal and interest only, excluding taxes and insurance).