109 NORWOOD DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $244,507 and $362,794, with a best estimate of $313,411. 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
$313,411
$347,525
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 $244,507 and $362,794. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$65,600 for 313 sqft less living space. Net adjustment: -$65,600.
Adjusted +$25,360 for 121 sqft more living space. Net adjustment: +$25,360.
Adjusted -$144,194 for 688 sqft less living space and +$1,210 for being newer. Net adjustment: -$142,984.
Adjusted +$2,725 for 13 sqft more living space. Net adjustment: +$2,725.
Adjusted -$100,391 for 479 sqft less living space and +$2,822 for being newer. Net adjustment: -$97,569.
The Neighborhood
This home is valued 7.9% 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 -7.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,316 across all districts. With a homestead exemption claimed, that drops to $4,719 — saving $1,597 per year. That's $393 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% | $3,651 |
| Williamson County | County | 0.3694% | $1,284 |
| Georgetown | City | 0.3530% | $1,227 |
| Williamson County FM/Rd | County | 0.0443% | $154 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,316 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $313,411 would pay approximately $1,956 per month (principal and interest only, excluding taxes and insurance).