509 PREAKNESS PLACE, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $761,971 and $919,439, with a best estimate of $789,677. That places the property above the G540594E - Stonehedge Sec 1,2, & 3 median of $377,452, in a neighborhood that declined 9.4% over the past year.
Estimated Value Range
$789,677
$514,718
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G540594E - Stonehedge Sec 1,2, & 3, this home's estimated market value is between $761,971 and $919,439. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$493,645 for 1,846 sqft more living space and -$2,539 for being older. Net adjustment: +$491,106.
Adjusted +$387,482 for 1,449 sqft more living space and -$2,539 for being older. Net adjustment: +$384,943.
Adjusted +$432,408 for 1,617 sqft more living space. Net adjustment: +$432,408.
Adjusted +$438,023 for 1,638 sqft more living space. Net adjustment: +$438,023.
Adjusted +$452,731 for 1,693 sqft more living space and -$2,539 for being older. Net adjustment: +$450,192.
The Neighborhood
This home is valued 36.4% above the G540594E - Stonehedge Sec 1,2, & 3 median of $377,452. With 381 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 9.4% over the past year.
G540594E - Stonehedge Sec 1,2, & 3
above averageThis home is +36.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,354 across all districts. With a homestead exemption claimed, that drops to $7,698 — saving $1,656 per year. That's $642 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% | $5,408 |
| Williamson County | County | 0.3694% | $1,902 |
| Georgetown | City | 0.3530% | $1,817 |
| Williamson County FM/Rd | County | 0.0443% | $228 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $9,354 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $789,677 would pay approximately $4,929 per month (principal and interest only, excluding taxes and insurance).