1640 MAGNOLIA FARM WAY, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $281,492 and $407,144, with a best estimate of $314,043. That places the property below the I412418C - LIVELY RANCH median of $376,432, in a neighborhood that appreciated 45.3% over the past year.
Estimated Value Range
$314,043
$325,391
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in I412418C - LIVELY RANCH, this home's estimated market value is between $281,492 and $407,144. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$52,942 for 276 sqft less living space. Net adjustment: -$52,942.
Adjusted -$38,364 for 200 sqft less living space. Net adjustment: -$38,364.
Adjusted -$128,134 for 668 sqft less living space. Net adjustment: -$128,134.
Adjusted -$78,070 for 407 sqft less living space and -$862 for being older. Net adjustment: -$78,932.
Adjusted -$54,860 for 286 sqft less living space. Net adjustment: -$54,860.
The Neighborhood
This home is valued 13.6% below the I412418C - LIVELY RANCH median of $376,432. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 45.3% over the past year.
I412418C - LIVELY RANCH
typicalThis home is -13.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,839 across all districts. With a homestead exemption claimed, that drops to $6,045 — saving $1,794 per year. That's $504 per month a buyer should budget. The assessed value increased +19.1% vs the subdivision average of +45.3%. This increase gives a protest opportunity score of 40 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $4,031 |
| West Williamson County MUD #2 | MUD | 0.6820% | $2,219 |
| Williamson County | County | 0.3694% | $1,202 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $242 |
| Williamson County FM/Rd | County | 0.0443% | $144 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4092% | $7,839 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $314,043 would pay approximately $1,960 per month (principal and interest only, excluding taxes and insurance).