405 DERBY LN, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $313,279 and $387,531, with a best estimate of $370,982. That places the property below 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
$370,982
$394,426
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 $313,279 and $387,531. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$54,285 for 203 sqft less living space. Net adjustment: -$54,285.
Adjusted -$4,813 for 18 sqft less living space and +$10,158 for being newer. Net adjustment: +$5,345.
Adjusted -$96,804 for 362 sqft less living space. Net adjustment: -$96,804.
Adjusted -$44,658 for 167 sqft less living space and +$10,158 for being newer. Net adjustment: -$34,500.
Adjusted -$17,649 for 66 sqft less living space and +$12,697 for being newer. Net adjustment: -$4,952.
The Neighborhood
This home is valued 4.5% above the G540594E - Stonehedge Sec 1,2, & 3 median of $377,452. With 381 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 9.4% over the past year.
G540594E - Stonehedge Sec 1,2, & 3
typicalThis home is +4.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,168 across all districts. With a homestead exemption claimed, that drops to $5,555 — saving $1,613 per year. That's $463 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% | $4,144 |
| Williamson County | County | 0.3694% | $1,457 |
| Georgetown | City | 0.3530% | $1,392 |
| Williamson County FM/Rd | County | 0.0443% | $175 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,168 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $370,982 would pay approximately $2,316 per month (principal and interest only, excluding taxes and insurance).