302 TALLWOOD DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $267,456 and $329,571, with a best estimate of $304,621. That places the property below the G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5 median of $377,162, in a neighborhood that declined 0.4% over the past year.
Estimated Value Range
$304,621
$350,394
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5, this home's estimated market value is between $267,456 and $329,571. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$33,953 for 162 sqft less living space and +$403 for being newer. Net adjustment: -$33,550.
Adjusted -$115,690 for 552 sqft less living space and +$3,629 for being newer. Net adjustment: -$112,061.
Adjusted -$116,319 for 555 sqft less living space and +$3,226 for being newer. Net adjustment: -$113,093.
Adjusted -$69,792 for 333 sqft less living space and -$403 for being older. Net adjustment: -$70,195.
Adjusted -$34,372 for 164 sqft less living space and -$403 for being older. Net adjustment: -$34,775.
The Neighborhood
This home is valued 7.1% below the G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5 median of $377,162. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.4% over the past year.
G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5
typicalThis home is -7.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,368 across all districts. With a homestead exemption claimed, that drops to $4,771 — saving $1,597 per year. That's $398 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% | $3,681 |
| Williamson County | County | 0.3694% | $1,295 |
| Georgetown | City | 0.3530% | $1,237 |
| Williamson County FM/Rd | County | 0.0443% | $155 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,368 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $304,621 would pay approximately $1,901 per month (principal and interest only, excluding taxes and insurance).