1116 TERRACE VIEW DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $310,308 and $520,078, with a best estimate of $431,864. That places the property below the I448514C - Oaks of San Gabriel median of $483,914, in a neighborhood that appreciated 5.1% over the past year.
Estimated Value Range
$431,864
$438,604
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in I448514C - Oaks of San Gabriel, this home's estimated market value is between $310,308 and $520,078. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$50,433 for 213 sqft less living space. Net adjustment: -$50,433.
Adjusted +$51,617 for 218 sqft more living space and -$10,054 for being older. Net adjustment: +$41,563.
This comparable closely matches the subject property's features.
Adjusted -$77,425 for 327 sqft less living space. Net adjustment: -$77,425.
Adjusted -$18,468 for 78 sqft less living space and -$10,054 for being older. Net adjustment: -$28,522.
The Neighborhood
This home is valued 9.4% below the I448514C - Oaks of San Gabriel median of $483,914. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 5.1% over the past year.
I448514C - Oaks of San Gabriel
typicalThis home is -9.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,707 across all districts. With a homestead exemption claimed, that drops to $8,892 — saving $1,815 per year. That's $741 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 |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $5,434 |
| West Williamson County MUD #1 | MUD | 0.7140% | $3,132 |
| Williamson County | County | 0.3694% | $1,620 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $327 |
| Williamson County FM/Rd | County | 0.0443% | $194 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4412% | $10,707 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $431,864 would pay approximately $2,696 per month (principal and interest only, excluding taxes and insurance).