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505 LAKE SIDE DR, GEORGETOWN, TX 78628

GEORGETOWN, 78628 — williamson County

3 bed2 bath3,378 sqftBuilt 2003

Property at a Glance

This home is estimated between $751,010 and $1,121,422, with a best estimate of $1,077,290. That places the property above the I410600C - Gabriel's Overlook median of $818,008, in a neighborhood that appreciated 3.4% over the past year.

Estimated Value Range

$751,010 $1,121,422
Best Estimate
$1,077,290
WCAD Value
$903,211
High Confidence

Based on 5 comparable properties(5 in the same subdivision)

Based on 5 comparable properties in I410600C - Gabriel's Overlook, this home's estimated market value is between $751,010 and $1,121,422. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

509 LAKE SIDE DR, GEORGETOWN, TX 78628
0.03 mi 100% similar Same subdivision
3 bed 2 bath 4,086 sqft Built 2001
Raw Value $930,135
Adjusted Value $751,010

Adjusted -$210,923 for 708 sqft less living space and +$31,798 for being newer. Net adjustment: -$179,125.

501 LAKE SIDE DR, GEORGETOWN, TX 78628
0.03 mi 100% similar Same subdivision
3 bed 2 bath 2,144 sqft Built 2004
Raw Value $730,353
Adjusted Value $1,082,080

Adjusted +$367,626 for 1,234 sqft more living space and -$15,899 for being older. Net adjustment: +$351,727.

513 LAKE SIDE DR, GEORGETOWN, TX 78628
0.06 mi 100% similar Same subdivision
3 bed 2 bath 2,370 sqft Built 2001
Raw Value $671,332
Adjusted Value $1,003,427

Adjusted +$300,297 for 1,008 sqft more living space and +$31,798 for being newer. Net adjustment: +$332,095.

425 LAKE SIDE DR, GEORGETOWN, TX 78628
0.07 mi 100% similar Same subdivision
3 bed 2 bath 2,307 sqft Built 2004
Raw Value $774,123
Adjusted Value $1,077,290

Adjusted +$319,066 for 1,071 sqft more living space and -$15,899 for being older. Net adjustment: +$303,167.

106 WATERFORD LN, GEORGETOWN, TX 78628
0.09 mi 100% similar Same subdivision
4 bed 2 bath 2,579 sqft Built 2003
Raw Value $883,389
Adjusted Value $1,121,422

Adjusted +$238,033 for 799 sqft more living space. Net adjustment: +$238,033.

The Neighborhood

This home is valued 10.4% above the I410600C - Gabriel's Overlook median of $818,008. With 304 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 3.4% over the past year.

I410600C - Gabriel's Overlook

typical
304 Properties
$818,008 Median Value
+3.4% YoY Change
2% Have Pool
94% Have Garage
This Home
$903,211
Median
$818,008

This home is +10.4% above the subdivision median.

Tax Analysis

The estimated annual property tax is $15,600 across all districts. With a homestead exemption claimed, that drops to $13,699 — saving $1,901 per year. That's $1,142 per month a buyer should budget. The assessed value increased +8.4% vs the subdivision average of +3.4%. This above-average increase gives a protest opportunity score of 45 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Liberty Hill ISDSchool1.2389%$11,190
Williamson CountyCounty0.3694%$3,337
Williamson County ESD #4 - Liberty HillESD0.0745%$673
Williamson County FM/RdCounty0.0443%$400
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7272%$15,600
45 / 100

Moderate opportunity to protest.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $1,077,290 would pay approximately $6,724 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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