402 W MAJESTIC OAK LN, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $814,557 and $1,061,729, with a best estimate of $1,007,463. That places the property above the G720601C - WOODLAND PARK & WOODLAND PARK WEST median of $936,407, in a neighborhood that declined 4.3% over the past year.
Estimated Value Range
$1,007,463
$942,312
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G720601C - WOODLAND PARK & WOODLAND PARK WEST, this home's estimated market value is between $814,557 and $1,061,729. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$90,735 for 311 sqft less living space and +$55,985 for being newer. Net adjustment: -$34,750.
Adjusted +$1,751 for 6 sqft more living space. Net adjustment: +$1,751.
Adjusted -$32,385 for 111 sqft less living space and +$47,987 for being newer. Net adjustment: +$15,602.
Adjusted +$158,422 for 543 sqft more living space and +$23,993 for being newer. Net adjustment: +$182,415.
Adjusted -$223,774 for 767 sqft less living space. Net adjustment: -$223,774.
The Neighborhood
This home is in line with the G720601C - WOODLAND PARK & WOODLAND PARK WEST median of $936,407. Note that values in this subdivision declined 4.3% over the past year.
G720601C - WOODLAND PARK & WOODLAND PARK WEST
typicalThis home is +0.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,658 across all districts. With a homestead exemption claimed, that drops to $13,013 — saving $1,645 per year. That's $1,084 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% | $9,900 |
| Williamson County | County | 0.3694% | $3,481 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $859 |
| Williamson County FM/Rd | County | 0.0443% | $418 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $14,658 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,007,463 would pay approximately $6,289 per month (principal and interest only, excluding taxes and insurance).