403 PREAKNESS PL, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $295,703 and $460,270, with a best estimate of $399,223. That places the property above the G540594E - Stonehedge Sec 1,2, & 3 median of $377,452, in a neighborhood that declined 9.4% over the past year.
Estimated Value Range
$399,223
$313,657
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G540594E - Stonehedge Sec 1,2, & 3, this home's estimated market value is between $295,703 and $460,270. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$85,840 for 321 sqft more living space. Net adjustment: +$85,840.
Adjusted +$80,491 for 301 sqft more living space. Net adjustment: +$80,491.
Adjusted -$2,139 for 8 sqft less living space. Net adjustment: -$2,139.
Adjusted -$59,098 for 221 sqft less living space and -$2,539 for being older. Net adjustment: -$61,637.
Adjusted +$58,831 for 220 sqft more living space. Net adjustment: +$58,831.
The Neighborhood
This home is valued 16.9% below the G540594E - Stonehedge Sec 1,2, & 3 median of $377,452. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 9.4% over the past year.
G540594E - Stonehedge Sec 1,2, & 3
below averageThis home is -16.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,700 across all districts. With a homestead exemption claimed, that drops to $4,116 — saving $1,584 per year. That's $343 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% | $3,295 |
| Williamson County | County | 0.3694% | $1,159 |
| Georgetown | City | 0.3530% | $1,107 |
| Williamson County FM/Rd | County | 0.0443% | $139 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,700 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $399,223 would pay approximately $2,492 per month (principal and interest only, excluding taxes and insurance).