702 FAIRMONT DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $313,761 and $532,962, with a best estimate of $377,235. That places the property below the G760500D - Georgetown Village - Shell Ranch R3 median of $390,860, in a neighborhood that declined 1.7% over the past year.
Estimated Value Range
$377,235
$375,943
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G760500D - Georgetown Village - Shell Ranch R3, this home's estimated market value is between $313,761 and $532,962. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$65,548 for 303 sqft more living space. Net adjustment: +$65,548.
Adjusted +$19,037 for 88 sqft more living space. Net adjustment: +$19,037.
Adjusted -$72,255 for 334 sqft less living space. Net adjustment: -$72,255.
Adjusted -$216 for 1 sqft less living space. Net adjustment: -$216.
Adjusted -$58,409 for 270 sqft less living space. Net adjustment: -$58,409.
The Neighborhood
This home is valued 3.8% below the G760500D - Georgetown Village - Shell Ranch R3 median of $390,860. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.7% over the past year.
G760500D - Georgetown Village - Shell Ranch R3
typicalThis home is -3.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,283 across all districts. With a homestead exemption claimed, that drops to $5,677 — saving $1,606 per year. That's $473 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% | $3,950 |
| Williamson County | County | 0.3694% | $1,389 |
| Georgetown | City | 0.3530% | $1,327 |
| Georgetown Village PID | pid | 0.1200% | $451 |
| Williamson County FM/Rd | County | 0.0443% | $167 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9374% | $7,283 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $377,235 would pay approximately $2,355 per month (principal and interest only, excluding taxes and insurance).