505 MILLARD ST, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $500,376 and $730,105, with a best estimate of $660,249. That places the property above the I411416C - MORNING STAR median of $366,054, in a neighborhood that appreciated 2.4% over the past year.
Estimated Value Range
$660,249
$701,237
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in I411416C - MORNING STAR, this home's estimated market value is between $500,376 and $730,105. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$136,552 for 547 sqft more living space and -$33,602 for being older. Net adjustment: +$102,950.
Adjusted +$84,628 for 339 sqft more living space and -$33,602 for being older. Net adjustment: +$51,026.
Adjusted +$6,491 for 26 sqft more living space. Net adjustment: +$6,491.
Adjusted -$44,685 for 179 sqft less living space. Net adjustment: -$44,685.
Adjusted +$22,967 for 92 sqft more living space and -$33,602 for being older. Net adjustment: -$10,635.
The Neighborhood
This home is valued 91.6% above the I411416C - MORNING STAR median of $366,054. With 1,887 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 2.4% over the past year.
I411416C - MORNING STAR
outlier highThis home is +91.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $18,563 across all districts. With a homestead exemption claimed, that drops to $16,699 — saving $1,864 per year. That's $1,392 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 |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $8,688 |
| Williamson County MUD #23 | MUD | 0.9200% | $6,451 |
| Williamson County | County | 0.3694% | $2,591 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $522 |
| Williamson County FM/Rd | County | 0.0443% | $311 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.6472% | $18,563 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $660,249 would pay approximately $4,121 per month (principal and interest only, excluding taxes and insurance).