515 MEADOWBROOK DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $325,310 and $468,053, with a best estimate of $411,167. That places the property above the G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5 median of $377,162, in a neighborhood that declined 0.4% over the past year.
Estimated Value Range
$411,167
$371,398
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5, this home's estimated market value is between $325,310 and $468,053. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$45,689 for 218 sqft less living space and -$8,692 for no pool. Net adjustment: -$54,381.
Adjusted -$50,929 for 243 sqft less living space and -$1,613 for being older. Net adjustment: -$52,542.
Adjusted +$28,084 for 134 sqft more living space. Net adjustment: +$28,084.
Adjusted -$32,486 for 155 sqft less living space. Net adjustment: -$32,486.
Adjusted +$49,671 for 237 sqft more living space and -$1,613 for being older. Net adjustment: +$48,058.
The Neighborhood
This home is valued 1.5% below the G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5 median of $377,162. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.4% over the past year.
G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5
typicalThis home is -1.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,750 across all districts. With a homestead exemption claimed, that drops to $5,145 — saving $1,605 per year. That's $429 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% | $3,902 |
| Williamson County | County | 0.3694% | $1,372 |
| Georgetown | City | 0.3530% | $1,311 |
| Williamson County FM/Rd | County | 0.0443% | $165 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,750 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $411,167 would pay approximately $2,566 per month (principal and interest only, excluding taxes and insurance).