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503 FRIENDSWOOD DR, GEORGETOWN, TX 78628

GEORGETOWN, 78628 — williamson County

3 bed2 bath1,566 sqftBuilt 1983

Property at a Glance

This home is estimated between $260,708 and $414,226, with a best estimate of $316,629. 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

$260,708 $414,226
Best Estimate
$316,629
WCAD Value
$400,694
High Confidence

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 $260,708 and $414,226. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

505 FRIENDSWOOD DR, GEORGETOWN, TX 78628
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,818 sqft Built 1983
Raw Value $369,444
Adjusted Value $316,629

Adjusted -$52,815 for 252 sqft less living space. Net adjustment: -$52,815.

501 FRIENDSWOOD DR, GEORGETOWN, TX 78628
0.02 mi 100% similar Same subdivision
3 bed 2 bath 2,244 sqft Built 1983
Raw Value $410,931
Adjusted Value $268,833

Adjusted -$142,098 for 678 sqft less living space. Net adjustment: -$142,098.

201 TALLWOOD DR, GEORGETOWN, TX 78628
0.04 mi 100% similar Same subdivision
3 bed 2 bath 1,740 sqft Built 1976
Raw Value $354,891
Adjusted Value $321,245

Adjusted -$36,468 for 174 sqft less living space and +$2,822 for being newer. Net adjustment: -$33,646.

200 OAKWOOD DR, GEORGETOWN, TX 78628
0.03 mi 100% similar Same subdivision
3 bed 2 bath 2,106 sqft Built 1976
Raw Value $371,061
Adjusted Value $260,708

Adjusted -$113,175 for 540 sqft less living space and +$2,822 for being newer. Net adjustment: -$110,353.

109 TALLWOOD DR, GEORGETOWN, TX 78628
0.03 mi 100% similar Same subdivision
4 bed 2 bath 1,670 sqft Built 1983
Raw Value $436,023
Adjusted Value $414,226

Adjusted -$21,797 for 104 sqft less living space. Net adjustment: -$21,797.

The Neighborhood

This home is valued 6.2% above the G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5 median of $377,162. With 358 homes in the subdivision, the property sits in the upper tier. 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

typical
358 Properties
$377,162 Median Value
-0.4% YoY Change
4% Have Pool
96% Have Garage
This Home
$400,694
Median
$377,162

This home is +6.2% above the subdivision median.

Tax Analysis

The estimated annual property tax is $7,282 across all districts. With a homestead exemption claimed, that drops to $5,667 — saving $1,615 per year. That's $472 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

DistrictTypeRateAnnual Amount
Georgetown ISDSchool1.0506%$4,210
Williamson CountyCounty0.3694%$1,480
GeorgetownCity0.3530%$1,414
Williamson County FM/RdCounty0.0443%$178
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.8174%$7,282

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $316,629 would pay approximately $1,976 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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