505 SPRING VALLEY RD, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $393,476 and $602,265, with a best estimate of $467,451. That places the property below the G180580F - Oakcrest Estates (Riverside & Spring) median of $521,372, in a neighborhood that appreciated 15.7% over the past year.
Estimated Value Range
$467,451
$458,264
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G180580F - Oakcrest Estates (Riverside & Spring), this home's estimated market value is between $393,476 and $602,265. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$1,637 for 6 sqft less living space. Net adjustment: -$1,637.
Adjusted -$2,183 for 8 sqft less living space and +$2,214 for being newer. Net adjustment: +$31.
Adjusted -$81,590 for 299 sqft less living space and +$2,214 for being newer. Net adjustment: -$79,376.
Adjusted -$109,696 for 402 sqft less living space and +$13,287 for being newer. Net adjustment: -$96,409.
Adjusted -$1,910 for 7 sqft less living space and +$13,287 for being newer. Net adjustment: +$11,377.
The Neighborhood
This home is valued 12.1% below the G180580F - Oakcrest Estates (Riverside & Spring) median of $521,372. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 15.7% over the past year.
G180580F - Oakcrest Estates (Riverside & Spring)
typicalThis home is -12.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,603 across all districts. With a homestead exemption claimed, that drops to $5,981 — saving $1,622 per year. That's $498 per month a buyer should budget. The assessed value increased +20.5% vs the subdivision average of +15.7%. This above-average increase gives a protest opportunity score of 69 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $4,395 |
| Williamson County | County | 0.3694% | $1,546 |
| Georgetown | City | 0.3530% | $1,477 |
| Williamson County FM/Rd | County | 0.0443% | $185 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,603 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $467,451 would pay approximately $2,918 per month (principal and interest only, excluding taxes and insurance).