508 BELMONT DR, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $308,759 and $447,378, with a best estimate of $371,011. That places the property below the G540594E - Stonehedge Sec 1,2, & 3 median of $377,452, in a neighborhood that declined 9.4% over the past year.
Estimated Value Range
$371,011
$358,895
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G540594E - Stonehedge Sec 1,2, & 3, this home's estimated market value is between $308,759 and $447,378. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$73,004 for 273 sqft less living space and -$7,618 for being older. Net adjustment: -$80,622.
Adjusted +$34,764 for 130 sqft more living space and +$5,079 for being newer. Net adjustment: +$39,843.
Adjusted +$16,847 for 63 sqft more living space and +$7,618 for being newer. Net adjustment: +$24,465.
Adjusted -$3,209 for 12 sqft less living space and -$7,618 for being older. Net adjustment: -$10,827.
Adjusted -$75,143 for 281 sqft less living space and +$7,618 for being newer. Net adjustment: -$67,525.
The Neighborhood
This home is valued 4.9% below the G540594E - Stonehedge Sec 1,2, & 3 median of $377,452. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 9.4% over the past year.
G540594E - Stonehedge Sec 1,2, & 3
typicalThis home is -4.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,522 across all districts. With a homestead exemption claimed, that drops to $4,922 — saving $1,600 per year. That's $410 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% | $3,771 |
| Williamson County | County | 0.3694% | $1,326 |
| Georgetown | City | 0.3530% | $1,267 |
| Williamson County FM/Rd | County | 0.0443% | $159 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,522 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $371,011 would pay approximately $2,316 per month (principal and interest only, excluding taxes and insurance).