121 LOCKETT RD, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $488,028 and $872,186, with a best estimate of $523,602. That places the property below the G226616B - WOLF RANCH median of $643,825, in a neighborhood that declined 4.6% over the past year.
Estimated Value Range
$523,602
$649,241
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G226616B - WOLF RANCH, this home's estimated market value is between $488,028 and $872,186. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$74,625 for 288 sqft more living space. Net adjustment: +$74,625.
Adjusted -$95,613 for 369 sqft less living space. Net adjustment: -$95,613.
Adjusted -$23,320 for 90 sqft less living space. Net adjustment: -$23,320.
Adjusted -$33,944 for 131 sqft less living space. Net adjustment: -$33,944.
Adjusted -$20,211 for 78 sqft less living space. Net adjustment: -$20,211.
The Neighborhood
This home is in line with the G226616B - WOLF RANCH median of $643,825. Note that values in this subdivision declined 4.6% over the past year.
G226616B - WOLF RANCH
typicalThis home is +0.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,549 across all districts. With a homestead exemption claimed, that drops to $13,843 — saving $1,706 per year. That's $1,154 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% | $6,821 |
| Williamson County MUD #28 | MUD | 0.5775% | $3,749 |
| Williamson County | County | 0.3694% | $2,399 |
| Georgetown | City | 0.3530% | $2,292 |
| Williamson County FM/Rd | County | 0.0443% | $288 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.3949% | $15,549 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $523,602 would pay approximately $3,268 per month (principal and interest only, excluding taxes and insurance).