40120 MEADOW TURN, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $468,420 and $552,644, with a best estimate of $523,952. That places the property above the G401590F - Pennington Place median of $477,914, in a neighborhood that declined 11.9% over the past year.
Estimated Value Range
$523,952
$471,998
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G401590F - Pennington Place, this home's estimated market value is between $468,420 and $552,644. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$42,691 for 180 sqft more living space and -$13,161 for being older. Net adjustment: +$29,530.
Adjusted +$85,145 for 359 sqft more living space and -$10,529 for being older. Net adjustment: +$74,616.
Adjusted -$4,032 for 17 sqft less living space and -$26,322 for being older. Net adjustment: -$30,354.
Adjusted -$15,416 for 65 sqft less living space and +$15,793 for being newer. Net adjustment: +$377.
Adjusted +$7,827 for 33 sqft more living space and -$15,793 for being older. Net adjustment: -$7,966.
The Neighborhood
This home is valued 1.2% below the G401590F - Pennington Place median of $477,914. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 11.9% over the past year.
G401590F - Pennington Place
typicalThis home is -1.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,342 across all districts. With a homestead exemption claimed, that drops to $5,784 — saving $1,558 per year. That's $482 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% | $4,959 |
| Williamson County | County | 0.3694% | $1,744 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $430 |
| Williamson County FM/Rd | County | 0.0443% | $209 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $7,342 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $523,952 would pay approximately $3,270 per month (principal and interest only, excluding taxes and insurance).