701 W MAJESTIC OAK LN, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $674,325 and $1,002,540, with a best estimate of $711,060. That places the property below 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
$711,060
$781,425
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 $674,325 and $1,002,540. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$69,729 for 239 sqft more living space and +$15,996 for being newer. Net adjustment: +$85,725.
Adjusted -$58,351 for 200 sqft less living space and +$7,998 for being newer. Net adjustment: -$50,353.
Adjusted -$2,042 for 7 sqft less living space and +$15,996 for being newer. Net adjustment: +$13,954.
Adjusted -$163,090 for 559 sqft less living space. Net adjustment: -$163,090.
Adjusted -$126,912 for 435 sqft less living space. Net adjustment: -$126,912.
The Neighborhood
This home is valued 16.6% below the G720601C - WOODLAND PARK & WOODLAND PARK WEST median of $936,407. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.3% over the past year.
G720601C - WOODLAND PARK & WOODLAND PARK WEST
below averageThis home is -16.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,156 across all districts. With a homestead exemption claimed, that drops to $10,540 — saving $1,616 per year. That's $878 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% | $8,210 |
| Williamson County | County | 0.3694% | $2,887 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $713 |
| Williamson County FM/Rd | County | 0.0443% | $346 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $12,156 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $711,060 would pay approximately $4,438 per month (principal and interest only, excluding taxes and insurance).