506 INNWOOD DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $416,767 and $531,664, with a best estimate of $486,524. That places the property above the G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5 median of $377,162, in a neighborhood that declined 0.4% over the past year.
Estimated Value Range
$486,524
$471,775
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5, this home's estimated market value is between $416,767 and $531,664. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$107,936 for 515 sqft more living space and +$2,419 for being newer. Net adjustment: +$110,355.
Adjusted -$25,779 for 123 sqft less living space and +$2,016 for being newer. Net adjustment: -$23,763.
Adjusted +$1,467 for 7 sqft more living space and +$2,016 for being newer. Net adjustment: +$3,483.
Adjusted -$74,402 for 355 sqft less living space and +$4,435 for being newer. Net adjustment: -$69,967.
Adjusted -$11,737 for 56 sqft less living space and +$4,435 for being newer. Net adjustment: -$7,302.
The Neighborhood
This home is valued 25.1% above the G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5 median of $377,162. With 358 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.4% over the past year.
G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5
above averageThis home is +25.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,574 across all districts. With a homestead exemption claimed, that drops to $6,933 — saving $1,641 per year. That's $578 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% | $4,956 |
| Williamson County | County | 0.3694% | $1,743 |
| Georgetown | City | 0.3530% | $1,665 |
| Williamson County FM/Rd | County | 0.0443% | $209 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $8,574 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $486,524 would pay approximately $3,037 per month (principal and interest only, excluding taxes and insurance).