148 MELISSA CT, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $319,558 and $356,739, with a best estimate of $348,618. 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
$348,618
$328,105
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 $319,558 and $356,739. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$3,638 for 18 sqft more living space. Net adjustment: +$3,638.
Adjusted +$17,786 for 88 sqft more living space and +$4,913 for being newer. Net adjustment: +$22,699.
Adjusted +$22,637 for 112 sqft more living space and +$9,825 for being newer. Net adjustment: +$32,462.
Adjusted +$10,308 for 51 sqft more living space and +$14,738 for being newer. Net adjustment: +$25,046.
Adjusted +$14,350 for 71 sqft more living space and +$19,651 for being newer. Net adjustment: +$34,001.
The Neighborhood
This home is valued 2.3% 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 +2.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,963 across all districts. With a homestead exemption claimed, that drops to $4,374 — saving $1,589 per year. That's $365 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% | $3,447 |
| Williamson County | County | 0.3694% | $1,212 |
| Georgetown | City | 0.3530% | $1,158 |
| Williamson County FM/Rd | County | 0.0443% | $145 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,963 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $348,618 would pay approximately $2,176 per month (principal and interest only, excluding taxes and insurance).