502 INNWOOD DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $434,525 and $528,181, with a best estimate of $483,041. 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
$483,041
$413,284
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 $434,525 and $528,181. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$106,469 for 508 sqft more living space and +$403 for being newer. Net adjustment: +$106,872.
Adjusted +$36,677 for 175 sqft more living space and -$2,016 for being older. Net adjustment: +$34,661.
Adjusted +$44,851 for 214 sqft more living space. Net adjustment: +$44,851.
Adjusted -$1,467 for 7 sqft less living space and -$2,016 for being older. Net adjustment: -$3,483.
Adjusted -$75,869 for 362 sqft less living space and +$2,419 for being newer. Net adjustment: -$73,450.
The Neighborhood
This home is valued 9.6% 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
typicalThis home is +9.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,511 across all districts. With a homestead exemption claimed, that drops to $5,891 — saving $1,620 per year. That's $491 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% | $4,342 |
| Williamson County | County | 0.3694% | $1,527 |
| Georgetown | City | 0.3530% | $1,459 |
| Williamson County FM/Rd | County | 0.0443% | $183 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,511 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $483,041 would pay approximately $3,015 per month (principal and interest only, excluding taxes and insurance).