1239 FALLING HILLS DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $447,649 and $507,756, with a best estimate of $483,670. That places the property below the G172613B - WATER OAK NORTH median of $501,966, in a neighborhood that declined 3.7% over the past year.
Estimated Value Range
$483,670
$440,771
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G172613B - WATER OAK NORTH, this home's estimated market value is between $447,649 and $507,756. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$66,861 for 314 sqft more living space. Net adjustment: +$66,861.
Adjusted +$34,495 for 162 sqft more living space. Net adjustment: +$34,495.
Adjusted -$5,323 for 25 sqft less living space and +$16,279 for being newer. Net adjustment: +$10,956.
Adjusted +$7,666 for 36 sqft more living space and +$10,853 for being newer. Net adjustment: +$18,519.
Adjusted -$12,989 for 61 sqft less living space and +$10,853 for being newer. Net adjustment: -$2,136.
The Neighborhood
This home is valued 12.2% below the G172613B - WATER OAK NORTH median of $501,966. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.7% over the past year.
G172613B - WATER OAK NORTH
typicalThis home is -12.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,912 across all districts. With a homestead exemption claimed, that drops to $9,359 — saving $1,553 per year. That's $780 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% | $4,631 |
| Williamson County MUD #25 | MUD | 0.9200% | $4,055 |
| Williamson County | County | 0.3694% | $1,628 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $402 |
| Williamson County FM/Rd | County | 0.0443% | $195 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4756% | $10,912 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $483,670 would pay approximately $3,019 per month (principal and interest only, excluding taxes and insurance).