116 FAIR OAKS DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $467,141 and $504,688, with a best estimate of $471,240. That places the property below the G172613B - WATER OAK NORTH median of $501,966, in a neighborhood that declined 3.7% over the past year.
Estimated Value Range
$471,240
$474,157
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G172613B - WATER OAK NORTH, this home's estimated market value is between $467,141 and $504,688. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$26,830 for 126 sqft more living space. Net adjustment: +$26,830.
Adjusted -$25,978 for 122 sqft less living space and +$16,279 for being newer. Net adjustment: -$9,699.
Adjusted -$1,703 for 8 sqft less living space. Net adjustment: -$1,703.
Adjusted +$35,773 for 168 sqft more living space and +$21,705 for being newer. Net adjustment: +$57,478.
Adjusted +$25,978 for 122 sqft more living space and -$5,426 for being older. Net adjustment: +$20,552.
The Neighborhood
This home is valued 5.5% below the G172613B - WATER OAK NORTH median of $501,966. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.7% over the past year.
G172613B - WATER OAK NORTH
typicalThis home is -5.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $11,738 across all districts. With a homestead exemption claimed, that drops to $10,180 — saving $1,558 per year. That's $848 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% | $4,981 |
| Williamson County MUD #25 | MUD | 0.9200% | $4,362 |
| Williamson County | County | 0.3694% | $1,752 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $432 |
| Williamson County FM/Rd | County | 0.0443% | $210 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4756% | $11,738 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $471,240 would pay approximately $2,941 per month (principal and interest only, excluding taxes and insurance).