501 CEDAR DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $245,038 and $511,398, with a best estimate of $249,682. That places the property below the G131481H - Williams Addition 6,7, & 7 AMD median of $304,257, in a neighborhood that appreciated 7.3% over the past year.
Estimated Value Range
$249,682
$243,196
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in G131481H - Williams Addition 6,7, & 7 AMD. The estimated range of $245,038 and $511,398 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$88,767 for 395 sqft more living space and -$30,258 for being older. Net adjustment: +$58,509.
Adjusted +$134,161 for 597 sqft more living space and -$40,343 for being older. Net adjustment: +$93,818.
Adjusted -$7,191 for 32 sqft less living space and -$53,455 for being older. Net adjustment: -$60,646.
Adjusted +$18,877 for 84 sqft more living space and -$51,438 for being older. Net adjustment: -$32,561.
Adjusted +$28,990 for 129 sqft more living space and -$51,438 for being older. Net adjustment: -$22,448.
The Neighborhood
This home is valued 20.1% below the G131481H - Williams Addition 6,7, & 7 AMD median of $304,257. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 7.3% over the past year.
G131481H - Williams Addition 6,7, & 7 AMD
below averageThis home is -20.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,933 across all districts. With a homestead exemption claimed, that drops to $2,384 — saving $1,549 per year. That's $199 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% | $2,273 |
| Williamson County | County | 0.3694% | $799 |
| Georgetown | City | 0.3530% | $764 |
| Williamson County FM/Rd | County | 0.0443% | $96 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T06) | other | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $3,933 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $249,682 would pay approximately $1,559 per month (principal and interest only, excluding taxes and insurance).