116 RIVER PARK LN, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $380,687 and $535,424, with a best estimate of $434,564. That places the property above the G412400H - Katy Crossing - SFR median of $316,216, in a neighborhood that declined 4.5% over the past year.
Estimated Value Range
$434,564
$423,354
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G412400H - Katy Crossing - SFR, this home's estimated market value is between $380,687 and $535,424. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$79,173 for 378 sqft more living space and +$18,954 for being newer. Net adjustment: +$98,127.
Adjusted +$36,654 for 175 sqft more living space and -$31,591 for being older. Net adjustment: +$5,063.
Adjusted -$26,182 for 125 sqft less living space and +$18,954 for being newer. Net adjustment: -$7,228.
Adjusted -$34,560 for 165 sqft less living space. Net adjustment: -$34,560.
Adjusted +$42,938 for 205 sqft more living space and -$6,318 for being older. Net adjustment: +$36,620.
The Neighborhood
This home is valued 33.9% above the G412400H - Katy Crossing - SFR median of $316,216. With 303 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.5% over the past year.
G412400H - Katy Crossing - SFR
above averageThis home is +33.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,694 across all districts. With a homestead exemption claimed, that drops to $6,070 — saving $1,624 per year. That's $506 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% | $4,448 |
| Williamson County | County | 0.3694% | $1,564 |
| Georgetown | City | 0.3530% | $1,494 |
| Williamson County FM/Rd | County | 0.0443% | $188 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,694 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $434,564 would pay approximately $2,713 per month (principal and interest only, excluding taxes and insurance).