616 OAK GROVE LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $38,799 and $234,065, with a best estimate of $47,344. That places the property below 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
$47,344
$469,966
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in G210582E - Oakcrest Ranchettes 1,2,3, Greenridge & Highcrest. The estimated range of $38,799 and $234,065 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$41,548 for 161 sqft more living space and -$272,524 for being older. Net adjustment: -$230,976.
Adjusted +$72,774 for 282 sqft more living space and -$230,597 for being older and +$22,332 for having a garage. Net adjustment: -$135,491.
Adjusted +$5,161 for 20 sqft more living space and -$258,548 for being older. Net adjustment: -$253,387.
Adjusted -$17,032 for 66 sqft less living space and -$251,561 for being older. Net adjustment: -$268,593.
Adjusted -$17,032 for 66 sqft less living space and -$251,561 for being older. Net adjustment: -$268,593.
The Neighborhood
This home is valued 14.2% 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
typicalThis home is -14.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,311 across all districts. With a homestead exemption claimed, that drops to $5,753 — saving $1,558 per year. That's $479 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% | $4,937 |
| Williamson County | County | 0.3694% | $1,736 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $429 |
| Williamson County FM/Rd | County | 0.0443% | $208 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $7,311 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $47,344 would pay approximately $296 per month (principal and interest only, excluding taxes and insurance).