408 GRASSLAND LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $281,638 and $500,406, with a best estimate of $453,789. 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
$453,789
$532,870
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in G210582E - Oakcrest Ranchettes 1,2,3, Greenridge & Highcrest. The estimated range of $281,638 and $500,406 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$2,839 for 11 sqft more living space and +$27,951 for being newer. Net adjustment: +$30,790.
Adjusted +$4,387 for 17 sqft more living space and -$76,866 for being older. Net adjustment: -$72,479.
Adjusted -$60,129 for 233 sqft less living space and -$6,988 for being older. Net adjustment: -$67,117.
Adjusted +$4,129 for 16 sqft more living space and -$97,829 for being older. Net adjustment: -$93,700.
Adjusted +$4,645 for 18 sqft more living space and -$55,902 for being older. Net adjustment: -$51,257.
The Neighborhood
This home is valued 2.7% 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
typicalThis home is -2.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,289 across all districts. With a homestead exemption claimed, that drops to $6,720 — saving $1,569 per year. That's $560 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% | $5,598 |
| Williamson County | County | 0.3694% | $1,969 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $486 |
| Williamson County FM/Rd | County | 0.0443% | $236 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $8,289 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $453,789 would pay approximately $2,833 per month (principal and interest only, excluding taxes and insurance).