2506 OAK LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $246,337 and $358,285, with a best estimate of $285,966. That places the property below the G187476H - Quail Meadow Units 1 Thru 5 & 7 median of $322,952, in a neighborhood that appreciated 15.8% over the past year.
Estimated Value Range
$285,966
$336,914
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G187476H - Quail Meadow Units 1 Thru 5 & 7, this home's estimated market value is between $246,337 and $358,285. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$18,431 for 79 sqft more living space and -$11,001 for being older. Net adjustment: +$7,430.
Adjusted -$21,464 for 92 sqft less living space and -$11,001 for being older. Net adjustment: -$32,465.
Adjusted -$25,196 for 108 sqft less living space and +$4,400 for being newer. Net adjustment: -$20,796.
Adjusted -$6,066 for 26 sqft less living space and +$4,400 for being newer. Net adjustment: -$1,666.
Adjusted -$74,889 for 321 sqft less living space and +$4,400 for being newer. Net adjustment: -$70,489.
The Neighborhood
This home is valued 4.3% above the G187476H - Quail Meadow Units 1 Thru 5 & 7 median of $322,952. With 138 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 15.8% over the past year.
G187476H - Quail Meadow Units 1 Thru 5 & 7
typicalThis home is +4.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,919 across all districts. With a homestead exemption claimed, that drops to $4,331 — saving $1,588 per year. That's $361 per month a buyer should budget. The assessed value increased +24.1% vs the subdivision average of +15.8%. This above-average increase gives a protest opportunity score of 87 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $3,422 |
| Williamson County | County | 0.3694% | $1,203 |
| Georgetown | City | 0.3530% | $1,150 |
| Williamson County FM/Rd | County | 0.0443% | $144 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,919 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $285,966 would pay approximately $1,785 per month (principal and interest only, excluding taxes and insurance).