1505 WATERCREST DR, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $293,872 and $342,567, with a best estimate of $314,998. That places the property below the G555501F - Summercrest - Lennar median of $342,433, in a neighborhood that declined 4.5% over the past year.
Estimated Value Range
$314,998
$322,615
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G555501F - Summercrest - Lennar, this home's estimated market value is between $293,872 and $342,567. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$41,770 for 154 sqft less living space. Net adjustment: -$41,770.
Adjusted +$2,712 for 10 sqft more living space. Net adjustment: +$2,712.
Adjusted -$41,770 for 154 sqft less living space. Net adjustment: -$41,770.
Adjusted -$45,838 for 169 sqft less living space. Net adjustment: -$45,838.
This comparable closely matches the subject property's features.
The Neighborhood
This home is valued 5.8% below the G555501F - Summercrest - Lennar median of $342,433. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.5% over the past year.
G555501F - Summercrest - Lennar
typicalThis home is -5.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,863 across all districts. With a homestead exemption claimed, that drops to $4,276 — saving $1,587 per year. That's $356 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% | $3,389 |
| Williamson County | County | 0.3694% | $1,192 |
| Georgetown | City | 0.3530% | $1,139 |
| Williamson County FM/Rd | County | 0.0443% | $143 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,863 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $314,998 would pay approximately $1,966 per month (principal and interest only, excluding taxes and insurance).