116 COVINGTON CV, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $1,205,458 and $2,342,908, with a best estimate of $1,989,288. That places the property above the L130700A - Escalera Ranch median of $1,708,338, in a neighborhood that appreciated 7.8% over the past year.
Estimated Value Range
$1,989,288
$1,943,495
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L130700A - Escalera Ranch, this home's estimated market value is between $1,205,458 and $2,342,908. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$99,076 for 202 sqft more living space and +$14,250 for being newer. Net adjustment: +$113,326.
Adjusted -$459,574 for 937 sqft less living space. Net adjustment: -$459,574.
Adjusted -$126,052 for 257 sqft less living space and +$49,875 for being newer. Net adjustment: -$76,177.
Adjusted -$451,236 for 920 sqft less living space and -$21,375 for being older. Net adjustment: -$472,611.
Adjusted +$15,695 for 32 sqft more living space and -$7,125 for being older. Net adjustment: +$8,570.
The Neighborhood
This home is valued 13.8% above the L130700A - Escalera Ranch median of $1,708,338. With 104 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 7.8% over the past year.
L130700A - Escalera Ranch
typicalThis home is +13.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $30,846 across all districts. With a homestead exemption claimed, that drops to $28,988 — saving $1,858 per year. That's $2,416 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 |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $19,776 |
| Williamson County | County | 0.3694% | $6,722 |
| Austin Community College | special | 0.1034% | $1,881 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $1,659 |
| Williamson County FM/Rd | County | 0.0443% | $807 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6953% | $30,846 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,989,288 would pay approximately $12,417 per month (principal and interest only, excluding taxes and insurance).