401 GRASSLAND LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $1,178,180 and $1,469,896, with a best estimate of $1,321,042. That places the property above the G210582E - Oakcrest Ranchettes 1,2,3, Greenridge & Highcrest median of $547,832, in a neighborhood that declined 8.5% over the past year.
Estimated Value Range
$1,321,042
$961,562
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G210582E - Oakcrest Ranchettes 1,2,3, Greenridge & Highcrest, this home's estimated market value is between $1,178,180 and $1,469,896. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$453,676 for 1,758 sqft more living space and -$97,829 for being older. Net adjustment: +$355,847.
Adjusted +$611,870 for 2,371 sqft more living space and -$62,890 for being older. Net adjustment: +$548,980.
Adjusted +$407,225 for 1,578 sqft more living space and +$174,695 for being newer and +$22,332 for having a garage. Net adjustment: +$604,252.
Adjusted +$683,869 for 2,650 sqft more living space and +$76,866 for being newer and -$195,416 for no pool. Net adjustment: +$565,319.
Adjusted +$596,644 for 2,312 sqft more living space and +$139,756 for being newer. Net adjustment: +$736,400.
The Neighborhood
This home is valued 75.5% above the G210582E - Oakcrest Ranchettes 1,2,3, Greenridge & Highcrest median of $547,832. With 234 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.5% over the past year.
G210582E - Oakcrest Ranchettes 1,2,3, Greenridge & Highcrest
outlier highThis home is +75.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,958 across all districts. With a homestead exemption claimed, that drops to $13,309 — saving $1,649 per year. That's $1,109 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% | $10,102 |
| Williamson County | County | 0.3694% | $3,552 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $877 |
| Williamson County FM/Rd | County | 0.0443% | $426 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $14,958 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,321,042 would pay approximately $8,246 per month (principal and interest only, excluding taxes and insurance).