2605 SPRINGWOOD LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $802,272 and $1,157,649, with a best estimate of $953,921. That places the property above the G185603B - Falls of San Gabriel median of $909,494, in a neighborhood that appreciated 5.8% over the past year.
Estimated Value Range
$953,921
$872,306
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G185603B - Falls of San Gabriel, this home's estimated market value is between $802,272 and $1,157,649. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$103,049 for 316 sqft more living space and -$10,783 for being older. Net adjustment: +$92,266.
Adjusted +$73,047 for 224 sqft more living space and +$86,263 for being newer. Net adjustment: +$159,310.
Adjusted +$83,809 for 257 sqft more living space and +$64,697 for being newer. Net adjustment: +$148,506.
Adjusted -$82,504 for 253 sqft less living space and -$21,566 for being older. Net adjustment: -$104,070.
Adjusted +$122,289 for 375 sqft more living space. Net adjustment: +$122,289.
The Neighborhood
This home is valued 4.1% below the G185603B - Falls of San Gabriel median of $909,494. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 5.8% over the past year.
G185603B - Falls of San Gabriel
typicalThis home is -4.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $15,852 across all districts. With a homestead exemption claimed, that drops to $14,067 — saving $1,785 per year. That's $1,172 per month a buyer should budget. The assessed value increased +9.6% vs the subdivision average of +5.8%. This above-average increase gives a protest opportunity score of 39 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $9,164 |
| Williamson County | County | 0.3694% | $3,223 |
| Georgetown | City | 0.3530% | $3,079 |
| Williamson County FM/Rd | County | 0.0443% | $387 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $15,852 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $953,921 would pay approximately $5,954 per month (principal and interest only, excluding taxes and insurance).