4505 CHESTNUT MEADOWS BND, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $301,693 and $358,203, with a best estimate of $320,988. That places the property below the R417506E - TERAVISTA R4 median of $430,980, in a neighborhood that declined 4.6% over the past year.
Estimated Value Range
$320,988
$351,403
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R417506E - TERAVISTA R4, this home's estimated market value is between $301,693 and $358,203. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$84,398 for 354 sqft less living space. Net adjustment: -$84,398.
Adjusted -$76,769 for 322 sqft less living space and +$819 for being newer. Net adjustment: -$75,950.
Adjusted -$66,517 for 279 sqft less living space and +$1,638 for being newer. Net adjustment: -$64,879.
Adjusted -$74,623 for 313 sqft less living space. Net adjustment: -$74,623.
Adjusted -$22,411 for 94 sqft less living space and +$819 for being newer. Net adjustment: -$21,592.
The Neighborhood
This home is valued 18.5% below the R417506E - TERAVISTA R4 median of $430,980. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.6% over the past year.
R417506E - TERAVISTA R4
below averageThis home is -18.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,222 across all districts. With a homestead exemption claimed, that drops to $5,686 — saving $1,536 per year. That's $474 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% | $3,692 |
| Williamson County MUD #15 | MUD | 0.4825% | $1,696 |
| Williamson County | County | 0.3694% | $1,298 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $320 |
| Williamson County FM/Rd | County | 0.0443% | $156 |
| Upper Brushy Creek WCID | Water | 0.0170% | $60 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0551% | $7,222 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $320,988 would pay approximately $2,004 per month (principal and interest only, excluding taxes and insurance).