140 MELISSA CT, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $296,859 and $334,040, with a best estimate of $326,399. That places the property above the G194597G - Village of River Bend median of $320,800, in a neighborhood that declined 3.6% over the past year.
Estimated Value Range
$326,399
$325,919
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G194597G - Village of River Bend, this home's estimated market value is between $296,859 and $334,040. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$4,851 for 24 sqft more living space and +$4,913 for being newer. Net adjustment: +$9,764.
Adjusted -$14,148 for 70 sqft less living space and -$4,913 for being older. Net adjustment: -$19,061.
Adjusted -$12,329 for 61 sqft less living space. Net adjustment: -$12,329.
Adjusted -$3,436 for 17 sqft less living space and +$14,738 for being newer and -$6,294 for no pool. Net adjustment: +$5,008.
Adjusted -$3,436 for 17 sqft less living space and +$14,738 for being newer. Net adjustment: +$11,302.
The Neighborhood
This home is valued 1.6% above the G194597G - Village of River Bend median of $320,800. With 61 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.6% over the past year.
G194597G - Village of River Bend
typicalThis home is +1.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,923 across all districts. With a homestead exemption claimed, that drops to $4,335 — saving $1,588 per year. That's $361 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% | $3,424 |
| Williamson County | County | 0.3694% | $1,204 |
| Georgetown | City | 0.3530% | $1,150 |
| Williamson County FM/Rd | County | 0.0443% | $144 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,923 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $326,399 would pay approximately $2,037 per month (principal and interest only, excluding taxes and insurance).