406 W MAJESTIC OAK LN, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $1,082,747 and $1,202,888, with a best estimate of $1,146,903. That places the property above the G720601C - WOODLAND PARK & WOODLAND PARK WEST median of $936,407, in a neighborhood that declined 4.3% over the past year.
Estimated Value Range
$1,146,903
$1,067,297
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G720601C - WOODLAND PARK & WOODLAND PARK WEST, this home's estimated market value is between $1,082,747 and $1,202,888. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$226,108 for 775 sqft more living space and -$23,993 for being older. Net adjustment: +$202,115.
Adjusted +$330,848 for 1,134 sqft more living space and -$7,998 for being older. Net adjustment: +$322,850.
Adjusted +$41,429 for 142 sqft more living space and +$7,998 for being newer. Net adjustment: +$49,427.
Adjusted +$172,426 for 591 sqft more living space and -$31,991 for being older. Net adjustment: +$140,435.
Adjusted +$350,103 for 1,200 sqft more living space and -$15,996 for being older. Net adjustment: +$334,107.
The Neighborhood
This home is valued 14.0% above the G720601C - WOODLAND PARK & WOODLAND PARK WEST median of $936,407. With 320 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.3% over the past year.
G720601C - WOODLAND PARK & WOODLAND PARK WEST
typicalThis home is +14.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $16,603 across all districts. With a homestead exemption claimed, that drops to $14,935 — saving $1,668 per year. That's $1,245 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% | $11,213 |
| Williamson County | County | 0.3694% | $3,943 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $973 |
| Williamson County FM/Rd | County | 0.0443% | $473 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $16,603 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,146,903 would pay approximately $7,159 per month (principal and interest only, excluding taxes and insurance).