516 REARING MARE PASS, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $228,749 and $348,946, with a best estimate of $288,418. That places the property below the G509418D - SADDLECREEK median of $355,408, in a neighborhood that declined 2.5% over the past year.
Estimated Value Range
$288,418
$396,503
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G509418D - SADDLECREEK, this home's estimated market value is between $228,749 and $348,946. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$33,639 for 155 sqft less living space. Net adjustment: -$33,639.
Adjusted -$93,538 for 431 sqft less living space. Net adjustment: -$93,538.
Adjusted -$34,290 for 158 sqft less living space. Net adjustment: -$34,290.
Adjusted -$53,822 for 248 sqft less living space. Net adjustment: -$53,822.
Adjusted -$57,295 for 264 sqft less living space and +$1,850 for being newer. Net adjustment: -$55,445.
The Neighborhood
This home is valued 11.6% above the G509418D - SADDLECREEK median of $355,408. With 831 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 2.5% over the past year.
G509418D - SADDLECREEK
typicalThis home is +11.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,056 across all districts. With a homestead exemption claimed, that drops to $7,442 — saving $1,614 per year. That's $620 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% | $4,166 |
| SE Williamson County MUD #1 | MUD | 0.4665% | $1,850 |
| Williamson County | County | 0.3694% | $1,465 |
| Georgetown | City | 0.3530% | $1,400 |
| Williamson County FM/Rd | County | 0.0443% | $176 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.2839% | $9,056 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $288,418 would pay approximately $1,800 per month (principal and interest only, excluding taxes and insurance).