405 GRASSLAND LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $488,336 and $598,052, with a best estimate of $553,635. 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
$553,635
$615,709
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 $488,336 and $598,052. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$64,258 for 249 sqft more living space and -$13,976 for being older and -$22,332 for no garage. Net adjustment: +$27,950.
Adjusted -$88,258 for 342 sqft less living space and +$62,890 for being newer and -$22,332 for no garage. Net adjustment: -$47,700.
Adjusted +$5,161 for 20 sqft more living space and +$97,829 for being newer and -$22,332 for no garage. Net adjustment: +$80,658.
Adjusted -$1,290 for 5 sqft less living space and +$62,890 for being newer and -$22,332 for no garage. Net adjustment: +$39,268.
Adjusted +$49,032 for 190 sqft more living space and +$97,829 for being newer and -$22,332 for no garage. Net adjustment: +$124,529.
The Neighborhood
This home is valued 12.4% 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
typicalThis home is +12.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,578 across all districts. With a homestead exemption claimed, that drops to $7,993 — saving $1,585 per year. That's $666 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% | $6,469 |
| Williamson County | County | 0.3694% | $2,275 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $562 |
| Williamson County FM/Rd | County | 0.0443% | $273 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $9,578 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $553,635 would pay approximately $3,456 per month (principal and interest only, excluding taxes and insurance).