224 CLEAR SPRING RD, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $405,912 and $535,901, with a best estimate of $470,298. That places the property above the G182484G - Oakcrest Estates Unit 1 median of $362,800, in a neighborhood that appreciated 2.8% over the past year.
Estimated Value Range
$470,298
$381,232
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G182484G - Oakcrest Estates Unit 1, this home's estimated market value is between $405,912 and $535,901. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$106,969 for 510 sqft more living space and -$10,576 for being older and -$21,564 for no pool. Net adjustment: +$74,829.
Adjusted +$158,146 for 754 sqft more living space and +$3,173 for being newer. Net adjustment: +$161,319.
Adjusted +$1,888 for 9 sqft more living space and -$1,058 for being older. Net adjustment: +$830.
Adjusted +$172,409 for 822 sqft more living space. Net adjustment: +$172,409.
Adjusted +$194,012 for 925 sqft more living space and -$1,058 for being older. Net adjustment: +$192,954.
The Neighborhood
This home is valued 5.1% above the G182484G - Oakcrest Estates Unit 1 median of $362,800. With 160 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 2.8% over the past year.
G182484G - Oakcrest Estates Unit 1
typicalThis home is +5.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,930 across all districts. With a homestead exemption claimed, that drops to $4,389 — saving $1,541 per year. That's $366 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% | $4,005 |
| Williamson County | County | 0.3694% | $1,408 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $348 |
| Williamson County FM/Rd | County | 0.0443% | $169 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $5,930 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $470,298 would pay approximately $2,936 per month (principal and interest only, excluding taxes and insurance).