1020 TIPTON ST, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $275,791 and $404,973, with a best estimate of $302,186. That places the property below the G755321C - TRES TIERRAS median of $360,426, in a neighborhood that declined 1.5% over the past year.
Estimated Value Range
$302,186
$317,895
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G755321C - TRES TIERRAS, this home's estimated market value is between $275,791 and $404,973. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$23,134 for 102 sqft less living space and -$1,636 for being older. Net adjustment: -$24,770.
Adjusted +$4,082 for 18 sqft more living space and -$1,636 for being older. Net adjustment: +$2,446.
Adjusted -$25,855 for 114 sqft less living space and -$1,636 for being older. Net adjustment: -$27,491.
Adjusted +$13,154 for 58 sqft more living space and -$1,636 for being older. Net adjustment: +$11,518.
Adjusted -$84,596 for 373 sqft less living space and -$1,636 for being older. Net adjustment: -$86,232.
The Neighborhood
This home is valued 11.8% below the G755321C - TRES TIERRAS median of $360,426. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.5% over the past year.
G755321C - TRES TIERRAS
typicalThis home is -11.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,699 across all districts. With a homestead exemption claimed, that drops to $5,114 — saving $1,585 per year. That's $426 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% | $3,340 |
| Williamson County | County | 0.3694% | $1,174 |
| Georgetown | City | 0.3530% | $1,122 |
| Somerset Hills Rd District #3 | Road | 0.2900% | $922 |
| Williamson County FM/Rd | County | 0.0443% | $141 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1074% | $6,699 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $302,186 would pay approximately $1,886 per month (principal and interest only, excluding taxes and insurance).