501 W MAJESTIC OAK LN, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $1,099,590 and $1,183,547, with a best estimate of $1,147,728. 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
$1,147,728
$1,229,713
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 $1,099,590 and $1,183,547. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$26,258 for 90 sqft more living space and +$23,993 for being newer. Net adjustment: +$50,251.
Adjusted +$119,619 for 410 sqft more living space and +$23,993 for being newer. Net adjustment: +$143,612.
Adjusted +$112,908 for 387 sqft more living space and +$23,993 for being newer. Net adjustment: +$136,901.
Adjusted +$210,937 for 723 sqft more living space and -$7,998 for being older. Net adjustment: +$202,939.
Adjusted +$315,677 for 1,082 sqft more living space and +$7,998 for being newer. Net adjustment: +$323,675.
The Neighborhood
This home is valued 31.3% above the G720601C - WOODLAND PARK & WOODLAND PARK WEST median of $936,407. With 320 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.3% over the past year.
G720601C - WOODLAND PARK & WOODLAND PARK WEST
above averageThis home is +31.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $19,129 across all districts. With a homestead exemption claimed, that drops to $17,431 — saving $1,698 per year. That's $1,453 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% | $12,919 |
| Williamson County | County | 0.3694% | $4,543 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $1,121 |
| Williamson County FM/Rd | County | 0.0443% | $545 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $19,129 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,147,728 would pay approximately $7,164 per month (principal and interest only, excluding taxes and insurance).