1005 PADDOCK LN, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $302,645 and $427,888, with a best estimate of $398,415. That places the property above the G509418D - SADDLECREEK median of $355,408, in a neighborhood that declined 2.5% over the past year.
Estimated Value Range
$398,415
$321,689
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G509418D - SADDLECREEK, this home's estimated market value is between $302,645 and $427,888. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$86,593 for 399 sqft less living space. Net adjustment: -$86,593.
Adjusted -$16,277 for 75 sqft less living space. Net adjustment: -$16,277.
Adjusted -$16,928 for 78 sqft less living space. Net adjustment: -$16,928.
Adjusted -$29,299 for 135 sqft less living space. Net adjustment: -$29,299.
Adjusted -$42,754 for 197 sqft less living space. Net adjustment: -$42,754.
The Neighborhood
This home is valued 9.5% below the G509418D - SADDLECREEK median of $355,408. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 2.5% over the past year.
G509418D - SADDLECREEK
typicalThis home is -9.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,347 across all districts. With a homestead exemption claimed, that drops to $5,760 — saving $1,587 per year. That's $480 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% | $3,380 |
| SE Williamson County MUD #1 | MUD | 0.4665% | $1,501 |
| Williamson County | County | 0.3694% | $1,188 |
| Georgetown | City | 0.3530% | $1,136 |
| Williamson County FM/Rd | County | 0.0443% | $143 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.2839% | $7,347 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $398,415 would pay approximately $2,487 per month (principal and interest only, excluding taxes and insurance).