501 FRIENDSWOOD DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $458,727 and $556,324, with a best estimate of $480,733. That places the property above the G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5 median of $377,162, in a neighborhood that declined 0.4% over the past year.
Estimated Value Range
$480,733
$410,931
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5, this home's estimated market value is between $458,727 and $556,324. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$142,098 for 678 sqft more living space. Net adjustment: +$142,098.
Adjusted +$120,301 for 574 sqft more living space. Net adjustment: +$120,301.
Adjusted +$105,630 for 504 sqft more living space and +$2,822 for being newer. Net adjustment: +$108,452.
Adjusted +$89,283 for 426 sqft more living space. Net adjustment: +$89,283.
Adjusted +$126,379 for 603 sqft more living space. Net adjustment: +$126,379.
The Neighborhood
This home is valued 9.0% above the G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5 median of $377,162. With 358 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.4% over the past year.
G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5
typicalThis home is +9.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,468 across all districts. With a homestead exemption claimed, that drops to $5,849 — saving $1,619 per year. That's $487 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% | $4,317 |
| Williamson County | County | 0.3694% | $1,518 |
| Georgetown | City | 0.3530% | $1,451 |
| Williamson County FM/Rd | County | 0.0443% | $182 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,468 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $480,733 would pay approximately $3,001 per month (principal and interest only, excluding taxes and insurance).