502 GREENWOOD DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $287,407 and $434,708, with a best estimate of $406,298. 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
$406,298
$388,933
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 $287,407 and $434,708. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$61,827 for 295 sqft less living space and +$6,048 for being newer. Net adjustment: -$55,779.
Adjusted -$174,374 for 832 sqft less living space and +$4,032 for being newer. Net adjustment: -$170,342.
Adjusted +$73,983 for 353 sqft more living space and +$6,048 for being newer. Net adjustment: +$80,031.
Adjusted +$40,240 for 192 sqft more living space and +$2,822 for being newer. Net adjustment: +$43,062.
Adjusted +$38,354 for 183 sqft more living space and +$6,048 for being newer. Net adjustment: +$44,402.
The Neighborhood
This home is valued 3.1% 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
typicalThis home is +3.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,068 across all districts. With a homestead exemption claimed, that drops to $5,457 — saving $1,611 per year. That's $455 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% | $4,086 |
| Williamson County | County | 0.3694% | $1,437 |
| Georgetown | City | 0.3530% | $1,373 |
| Williamson County FM/Rd | County | 0.0443% | $172 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,068 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $406,298 would pay approximately $2,536 per month (principal and interest only, excluding taxes and insurance).