405 MORNING RIDGE CT, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $486,446 and $524,964, with a best estimate of $501,934. That places the property above the I413520C - MORNINGSTAR GATED median of $454,765, in a neighborhood that appreciated 7.3% over the past year.
Estimated Value Range
$501,934
$469,893
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in I413520C - MORNINGSTAR GATED, this home's estimated market value is between $486,446 and $524,964. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$97,508 for 408 sqft more living space and +$1,522 for being newer. Net adjustment: +$99,030.
Adjusted +$37,999 for 159 sqft more living space and -$4,567 for being older. Net adjustment: +$33,432.
Adjusted +$45,647 for 191 sqft more living space and +$1,522 for being newer. Net adjustment: +$47,169.
Adjusted +$92,250 for 386 sqft more living space and -$4,567 for being older. Net adjustment: +$87,683.
Adjusted +$30,591 for 128 sqft more living space and -$4,567 for being older. Net adjustment: +$26,024.
The Neighborhood
This home is valued 3.3% above the I413520C - MORNINGSTAR GATED median of $454,765. With 27 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 7.3% over the past year.
I413520C - MORNINGSTAR GATED
typicalThis home is +3.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,439 across all districts. With a homestead exemption claimed, that drops to $10,618 — saving $1,821 per year. That's $885 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 |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $5,822 |
| Williamson County MUD #23 | MUD | 0.9200% | $4,323 |
| Williamson County | County | 0.3694% | $1,736 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $350 |
| Williamson County FM/Rd | County | 0.0443% | $208 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.6472% | $12,439 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $501,934 would pay approximately $3,133 per month (principal and interest only, excluding taxes and insurance).