501 SHEEP SHANK DR, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $324,636 and $493,818, with a best estimate of $377,525. That places the property below the G761509F - GEORGETOWN VILLAGE R4 median of $434,218, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$377,525
$352,769
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G761509F - GEORGETOWN VILLAGE R4, this home's estimated market value is between $324,636 and $493,818. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$24,873 for 120 sqft more living space. Net adjustment: +$24,873.
Adjusted -$73,583 for 355 sqft less living space. Net adjustment: -$73,583.
Adjusted +$11,815 for 57 sqft more living space. Net adjustment: +$11,815.
Adjusted +$41,041 for 198 sqft more living space. Net adjustment: +$41,041.
Adjusted +$48,710 for 235 sqft more living space. Net adjustment: +$48,710.
The Neighborhood
This home is valued 18.8% below the G761509F - GEORGETOWN VILLAGE R4 median of $434,218. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 2.8% over the past year.
G761509F - GEORGETOWN VILLAGE R4
below averageThis home is -18.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,834 across all districts. With a homestead exemption claimed, that drops to $5,236 — saving $1,598 per year. That's $436 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% | $3,706 |
| Williamson County | County | 0.3694% | $1,303 |
| Georgetown | City | 0.3530% | $1,245 |
| Georgetown Village PID | pid | 0.1200% | $423 |
| Williamson County FM/Rd | County | 0.0443% | $156 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9374% | $6,834 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $377,525 would pay approximately $2,356 per month (principal and interest only, excluding taxes and insurance).