507 MARTIN CREEK LN, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $413,625 and $581,944, with a best estimate of $422,571. That places the property above the G895514C - SUN CITY - CLASSICS median of $353,039, in a neighborhood that declined 4.1% over the past year.
Estimated Value Range
$422,571
$412,965
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $413,625 and $581,944. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$29,230 for 137 sqft more living space. Net adjustment: +$29,230.
Adjusted +$853 for 4 sqft more living space and -$232 for being older. Net adjustment: +$621.
Adjusted +$48,006 for 225 sqft more living space. Net adjustment: +$48,006.
Adjusted +$38,191 for 179 sqft more living space and -$232 for being older. Net adjustment: +$37,959.
Adjusted -$6,614 for 31 sqft less living space. Net adjustment: -$6,614.
The Neighborhood
This home is valued 17.0% above the G895514C - SUN CITY - CLASSICS median of $353,039. With 3,998 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.1% over the past year.
G895514C - SUN CITY - CLASSICS
above averageThis home is +17.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,505 across all districts. With a homestead exemption claimed, that drops to $5,885 — saving $1,620 per year. That's $490 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% | $4,339 |
| Williamson County | County | 0.3694% | $1,526 |
| Georgetown | City | 0.3530% | $1,458 |
| Williamson County FM/Rd | County | 0.0443% | $183 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,505 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $422,571 would pay approximately $2,638 per month (principal and interest only, excluding taxes and insurance).