415 GRASSLAND LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $332,593 and $547,760, with a best estimate of $503,263. That places the property below the G210582E - Oakcrest Ranchettes 1,2,3, Greenridge & Highcrest median of $547,832, in a neighborhood that declined 8.5% over the past year.
Estimated Value Range
$503,263
$469,539
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G210582E - Oakcrest Ranchettes 1,2,3, Greenridge & Highcrest, this home's estimated market value is between $332,593 and $547,760. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$20,645 for 80 sqft less living space and +$6,988 for being newer. Net adjustment: -$13,657.
Adjusted -$191,483 for 742 sqft less living space and -$6,988 for being older. Net adjustment: -$198,471.
Adjusted +$110,451 for 428 sqft more living space and +$34,939 for being newer and +$22,332 for having a garage. Net adjustment: +$167,722.
Adjusted +$22,452 for 87 sqft more living space and +$48,915 for being newer. Net adjustment: +$71,367.
Adjusted +$47,226 for 183 sqft more living space and -$62,890 for being older. Net adjustment: -$15,664.
The Neighborhood
This home is valued 14.3% below the G210582E - Oakcrest Ranchettes 1,2,3, Greenridge & Highcrest median of $547,832. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.5% over the past year.
G210582E - Oakcrest Ranchettes 1,2,3, Greenridge & Highcrest
typicalThis home is -14.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,304 across all districts. With a homestead exemption claimed, that drops to $5,746 — saving $1,558 per year. That's $479 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% | $4,933 |
| Williamson County | County | 0.3694% | $1,735 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $428 |
| Williamson County FM/Rd | County | 0.0443% | $208 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $7,304 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $503,263 would pay approximately $3,141 per month (principal and interest only, excluding taxes and insurance).