701 SHEPHERD RD, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $406,902 and $731,018, with a best estimate of $680,253. 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
$680,253
$447,129
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G210582E - Oakcrest Ranchettes 1,2,3, Greenridge & Highcrest, this home's estimated market value is between $406,902 and $731,018. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$55,226 for 214 sqft more living space and -$13,976 for being older. Net adjustment: +$41,250.
Adjusted -$24,516 for 95 sqft less living space and +$27,951 for being newer. Net adjustment: +$3,435.
Adjusted -$15,742 for 61 sqft less living space and +$6,988 for being newer. Net adjustment: -$8,754.
Adjusted -$87,484 for 339 sqft less living space and -$13,976 for being older and +$22,332 for having a garage. Net adjustment: -$79,128.
Adjusted +$89,548 for 347 sqft more living space and -$48,915 for being older and -$195,416 for no pool. Net adjustment: -$154,783.
The Neighborhood
This home is valued 18.4% below the G210582E - Oakcrest Ranchettes 1,2,3, Greenridge & Highcrest median of $547,832. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.5% over the past year.
G210582E - Oakcrest Ranchettes 1,2,3, Greenridge & Highcrest
below averageThis home is -18.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,955 across all districts. With a homestead exemption claimed, that drops to $5,402 — saving $1,553 per year. That's $450 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% | $4,698 |
| Williamson County | County | 0.3694% | $1,652 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $408 |
| Williamson County FM/Rd | County | 0.0443% | $198 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $6,955 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $680,253 would pay approximately $4,246 per month (principal and interest only, excluding taxes and insurance).