605 WOODWAY DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $428,620 and $540,498, with a best estimate of $452,775. 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
$452,775
$386,442
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G210582E - Oakcrest Ranchettes 1,2,3, Greenridge & Highcrest, this home's estimated market value is between $428,620 and $540,498. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$92,129 for 357 sqft less living space and +$6,988 for being newer and +$22,332 for having a garage. Net adjustment: -$62,809.
Adjusted -$79,742 for 309 sqft less living space and +$22,332 for having a garage. Net adjustment: -$57,410.
Adjusted +$27,613 for 107 sqft more living space and -$13,976 for being older and +$22,332 for having a garage. Net adjustment: +$35,969.
Adjusted -$28,129 for 109 sqft less living space and -$20,963 for being older and +$22,332 for having a garage. Net adjustment: -$26,760.
Adjusted -$225,290 for 873 sqft less living space. Net adjustment: -$225,290.
The Neighborhood
This home is valued 29.5% 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
below averageThis home is -29.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,011 across all districts. With a homestead exemption claimed, that drops to $4,469 — saving $1,542 per year. That's $372 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% | $4,060 |
| Williamson County | County | 0.3694% | $1,428 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $352 |
| Williamson County FM/Rd | County | 0.0443% | $171 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $6,011 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $452,775 would pay approximately $2,826 per month (principal and interest only, excluding taxes and insurance).