501 MILLARD ST, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $397,425 and $604,030, with a best estimate of $549,916. 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
$549,916
$557,299
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 $397,425 and $604,030. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$136,552 for 547 sqft less living space and +$33,602 for being newer. Net adjustment: -$102,950.
Adjusted -$54,921 for 220 sqft less living space and -$11,201 for being older. Net adjustment: -$66,122.
Adjusted -$51,925 for 208 sqft less living space. Net adjustment: -$51,925.
Adjusted -$113,586 for 455 sqft less living space. Net adjustment: -$113,586.
Adjusted -$96,361 for 386 sqft less living space and +$11,201 for being newer. Net adjustment: -$85,160.
The Neighborhood
This home is valued 52.2% 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 +52.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,753 across all districts. With a homestead exemption claimed, that drops to $12,915 — saving $1,838 per year. That's $1,076 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% | $6,904 |
| Williamson County MUD #23 | MUD | 0.9200% | $5,127 |
| Williamson County | County | 0.3694% | $2,059 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $415 |
| Williamson County FM/Rd | County | 0.0443% | $247 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.6472% | $14,753 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $549,916 would pay approximately $3,433 per month (principal and interest only, excluding taxes and insurance).