616 SPRING VALLEY RD, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $418,864 and $547,451, with a best estimate of $507,380. That places the property below the G180580F - Oakcrest Estates (Riverside & Spring) median of $521,372, in a neighborhood that appreciated 15.7% over the past year.
Estimated Value Range
$507,380
$452,020
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G180580F - Oakcrest Estates (Riverside & Spring), this home's estimated market value is between $418,864 and $547,451. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$13,098 for 48 sqft more living space. Net adjustment: +$13,098.
Adjusted +$91,959 for 337 sqft more living space. Net adjustment: +$91,959.
Adjusted +$94,688 for 347 sqft more living space and +$4,429 for being newer. Net adjustment: +$99,117.
Adjusted +$42,841 for 157 sqft more living space. Net adjustment: +$42,841.
Adjusted -$87,593 for 321 sqft less living space and -$39,860 for being older. Net adjustment: -$127,453.
The Neighborhood
This home is valued 13.3% below the G180580F - Oakcrest Estates (Riverside & Spring) median of $521,372. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 15.7% over the past year.
G180580F - Oakcrest Estates (Riverside & Spring)
typicalThis home is -13.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,526 across all districts. With a homestead exemption claimed, that drops to $5,905 — saving $1,621 per year. That's $492 per month a buyer should budget. The assessed value increased +20.1% vs the subdivision average of +15.7%. This above-average increase gives a protest opportunity score of 67 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $4,351 |
| Williamson County | County | 0.3694% | $1,530 |
| Georgetown | City | 0.3530% | $1,462 |
| Williamson County FM/Rd | County | 0.0443% | $184 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,526 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $507,380 would pay approximately $3,167 per month (principal and interest only, excluding taxes and insurance).