1902 SUMMIT HILL DR, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $416,231 and $564,628, with a best estimate of $437,671. That places the property above the R417506E - TERAVISTA R4 median of $430,980, in a neighborhood that declined 4.6% over the past year.
Estimated Value Range
$437,671
$442,123
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R417506E - TERAVISTA R4, this home's estimated market value is between $416,231 and $564,628. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$10,490 for 44 sqft less living space and +$819 for being newer. Net adjustment: -$9,671.
Adjusted -$38,861 for 163 sqft less living space and +$819 for being newer. Net adjustment: -$38,042.
Adjusted -$66,279 for 278 sqft less living space and +$819 for being newer. Net adjustment: -$65,460.
Adjusted -$10,490 for 44 sqft less living space and +$819 for being newer. Net adjustment: -$9,671.
Adjusted +$41,722 for 175 sqft more living space. Net adjustment: +$41,722.
The Neighborhood
This home is valued 2.6% above the R417506E - TERAVISTA R4 median of $430,980. With 1,632 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.6% over the past year.
R417506E - TERAVISTA R4
typicalThis home is +2.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,086 across all districts. With a homestead exemption claimed, that drops to $7,533 — saving $1,553 per year. That's $628 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% | $4,645 |
| Williamson County MUD #15 | MUD | 0.4825% | $2,133 |
| Williamson County | County | 0.3694% | $1,633 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $403 |
| Williamson County FM/Rd | County | 0.0443% | $196 |
| Upper Brushy Creek WCID | Water | 0.0170% | $75 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0551% | $9,086 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $437,671 would pay approximately $2,732 per month (principal and interest only, excluding taxes and insurance).