205 W MAJESTIC OAK LN, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $1,183,359 and $1,253,370, with a best estimate of $1,243,889. That places the property above the G720601C - WOODLAND PARK & WOODLAND PARK WEST median of $936,407, in a neighborhood that declined 4.3% over the past year.
Estimated Value Range
$1,243,889
$1,211,101
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G720601C - WOODLAND PARK & WOODLAND PARK WEST, this home's estimated market value is between $1,183,359 and $1,253,370. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$357,689 for 1,226 sqft more living space and +$7,998 for being newer. Net adjustment: +$365,687.
Adjusted +$275,998 for 946 sqft more living space and +$7,998 for being newer. Net adjustment: +$283,996.
Adjusted +$120,786 for 414 sqft more living space and +$7,998 for being newer. Net adjustment: +$128,784.
Adjusted +$49,598 for 170 sqft more living space and +$15,996 for being newer. Net adjustment: +$65,594.
Adjusted +$243,322 for 834 sqft more living space and +$15,996 for being newer. Net adjustment: +$259,318.
The Neighborhood
This home is valued 29.3% above the G720601C - WOODLAND PARK & WOODLAND PARK WEST median of $936,407. With 320 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.3% over the past year.
G720601C - WOODLAND PARK & WOODLAND PARK WEST
above averageThis home is +29.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $18,840 across all districts. With a homestead exemption claimed, that drops to $17,145 — saving $1,695 per year. That's $1,429 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% | $12,724 |
| Williamson County | County | 0.3694% | $4,474 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $1,105 |
| Williamson County FM/Rd | County | 0.0443% | $537 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $18,840 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,243,889 would pay approximately $7,764 per month (principal and interest only, excluding taxes and insurance).