517 LUTHER DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $252,949 and $355,261, with a best estimate of $252,949. That places the property below the G242X - Georgetown East Duplex median of $422,527, in a neighborhood that appreciated 0.5% over the past year.
Estimated Value Range
$252,949
$355,261
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G242X - Georgetown East Duplex, this home's estimated market value is between $252,949 and $355,261. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
This comparable closely matches the subject property's features.
This comparable closely matches the subject property's features.
Adjusted -$143,473 for 432 sqft less living space. Net adjustment: -$143,473.
Adjusted -$143,473 for 432 sqft less living space. Net adjustment: -$143,473.
Adjusted -$143,473 for 432 sqft less living space. Net adjustment: -$143,473.
The Neighborhood
This home is valued 15.9% below the G242X - Georgetown East Duplex median of $422,527. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 0.5% over the past year.
G242X - Georgetown East Duplex
below averageThis home is -15.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,456 across all districts. With a homestead exemption claimed, that drops to $4,857 — saving $1,599 per year. That's $405 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% | $3,732 |
| Williamson County | County | 0.3694% | $1,313 |
| Georgetown | City | 0.3530% | $1,254 |
| Williamson County FM/Rd | County | 0.0443% | $157 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,456 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $252,949 would pay approximately $1,579 per month (principal and interest only, excluding taxes and insurance).