505 THORNTON LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $202,805 and $287,907, with a best estimate of $266,353. That places the property below the G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge median of $299,839, in a neighborhood that declined 1.9% over the past year.
Estimated Value Range
$266,353
$274,381
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge, this home's estimated market value is between $202,805 and $287,907. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$7,746 for 38 sqft less living space. Net adjustment: -$7,746.
Adjusted -$120,881 for 593 sqft less living space. Net adjustment: -$120,881.
Adjusted -$3,058 for 15 sqft less living space and +$3,977 for being newer. Net adjustment: +$919.
Adjusted +$14,677 for 72 sqft more living space. Net adjustment: +$14,677.
Adjusted -$36,285 for 178 sqft less living space. Net adjustment: -$36,285.
The Neighborhood
This home is valued 8.5% below the G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge median of $299,839. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.9% over the past year.
G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge
typicalThis home is -8.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,987 across all districts. With a homestead exemption claimed, that drops to $3,417 — saving $1,570 per year. That's $285 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% | $2,883 |
| Williamson County | County | 0.3694% | $1,014 |
| Georgetown | City | 0.3530% | $969 |
| Williamson County FM/Rd | County | 0.0443% | $122 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $4,987 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $266,353 would pay approximately $1,663 per month (principal and interest only, excluding taxes and insurance).