501 PARKWAY ST, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $250,240 and $341,398, with a best estimate of $311,605. That places the property below the G175468G - COUNTRY CLUB ACRES AND CRESTVIEW median of $320,878, in a neighborhood that declined 3.4% over the past year.
Estimated Value Range
$311,605
$252,412
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G175468G - COUNTRY CLUB ACRES AND CRESTVIEW, this home's estimated market value is between $250,240 and $341,398. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$40,219 for 195 sqft more living space and +$3,257 for being newer. Net adjustment: +$43,476.
Adjusted -$10,519 for 51 sqft less living space and -$21,169 for being older. Net adjustment: -$31,688.
Adjusted +$83,120 for 403 sqft more living space and +$11,399 for being newer. Net adjustment: +$94,519.
Adjusted +$7,631 for 37 sqft more living space and +$1,628 for being newer. Net adjustment: +$9,259.
Adjusted +$3,919 for 19 sqft more living space. Net adjustment: +$3,919.
The Neighborhood
This home is valued 21.3% below the G175468G - COUNTRY CLUB ACRES AND CRESTVIEW median of $320,878. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.4% over the past year.
G175468G - COUNTRY CLUB ACRES AND CRESTVIEW
below averageThis home is -21.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,587 across all districts. With a homestead exemption claimed, that drops to $3,025 — saving $1,562 per year. That's $252 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% | $2,652 |
| Williamson County | County | 0.3694% | $933 |
| Georgetown | City | 0.3530% | $891 |
| Williamson County FM/Rd | County | 0.0443% | $112 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $4,587 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $311,605 would pay approximately $1,945 per month (principal and interest only, excluding taxes and insurance).