705 FAIRVIEW RD, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $490,891 and $1,009,451, with a best estimate of $578,745. That places the property above the G210582E - Oakcrest Ranchettes 1,2,3, Greenridge & Highcrest median of $547,832, in a neighborhood that declined 8.5% over the past year.
Estimated Value Range
$578,745
$749,653
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $490,891 and $1,009,451. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$234,580 for 909 sqft more living space and +$6,988 for being newer. Net adjustment: +$241,568.
Adjusted +$84,387 for 327 sqft more living space and +$34,939 for being newer. Net adjustment: +$119,326.
Adjusted +$68,903 for 267 sqft more living space and -$97,829 for being older. Net adjustment: -$28,926.
Adjusted +$143,742 for 557 sqft more living space and -$41,927 for being older and +$22,332 for having a garage. Net adjustment: +$124,147.
Adjusted +$60,903 for 236 sqft more living space and +$6,988 for being newer. Net adjustment: +$67,891.
The Neighborhood
This home is valued 36.8% above the G210582E - Oakcrest Ranchettes 1,2,3, Greenridge & Highcrest median of $547,832. With 234 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.5% over the past year.
G210582E - Oakcrest Ranchettes 1,2,3, Greenridge & Highcrest
above averageThis home is +36.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,661 across all districts. With a homestead exemption claimed, that drops to $10,052 — saving $1,609 per year. That's $838 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% | $7,876 |
| Williamson County | County | 0.3694% | $2,770 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $684 |
| Williamson County FM/Rd | County | 0.0443% | $332 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $11,661 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $578,745 would pay approximately $3,613 per month (principal and interest only, excluding taxes and insurance).