511 LUTHER DR #A/B, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $329,529 and $355,261, with a best estimate of $340,846. That places the property below the G242X - Georgetown East Duplex median of $422,527, in a neighborhood that appreciated 0.5% over the past year.
Estimated Value Range
$340,846
$355,261
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G242X - Georgetown East Duplex, this home's estimated market value is between $329,529 and $355,261. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
This comparable closely matches the subject property's features.
Adjusted -$23,580 for 71 sqft less living space and -$16,847 for being older. Net adjustment: -$40,427.
Adjusted -$61,109 for 184 sqft less living space and -$13,688 for being older. Net adjustment: -$74,797.
Adjusted -$62,769 for 189 sqft less living space and -$12,635 for being older. Net adjustment: -$75,404.
This comparable closely matches the subject property's features.
The Neighborhood
This home is valued 15.9% below the G242X - Georgetown East Duplex median of $422,527. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 0.5% over the past year.
G242X - Georgetown East Duplex
below averageThis home is -15.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,456 across all districts. With a homestead exemption claimed, that drops to $4,857 — saving $1,599 per year. That's $405 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% | $3,732 |
| Williamson County | County | 0.3694% | $1,313 |
| Georgetown | City | 0.3530% | $1,254 |
| Williamson County FM/Rd | County | 0.0443% | $157 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,456 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $340,846 would pay approximately $2,128 per month (principal and interest only, excluding taxes and insurance).