228 FALLING STAR LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $223,711 and $484,123, with a best estimate of $474,219. That places the property above the I411416C - MORNING STAR median of $366,054, in a neighborhood that appreciated 2.4% over the past year.
Estimated Value Range
$474,219
$315,420
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in I411416C - MORNING STAR, this home's estimated market value is between $223,711 and $484,123. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$175,246 for 702 sqft less living space. Net adjustment: -$175,246.
Adjusted -$22,467 for 90 sqft less living space and +$11,201 for being newer. Net adjustment: -$11,266.
Adjusted +$34,949 for 140 sqft more living space and +$22,401 for being newer. Net adjustment: +$57,350.
Adjusted +$51,176 for 205 sqft more living space and +$22,401 for being newer. Net adjustment: +$73,577.
Adjusted +$48,180 for 193 sqft more living space and +$11,201 for being newer. Net adjustment: +$59,381.
The Neighborhood
This home is valued 13.8% below the I411416C - MORNING STAR median of $366,054. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 2.4% over the past year.
I411416C - MORNING STAR
typicalThis home is -13.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,350 across all districts. With a homestead exemption claimed, that drops to $6,557 — saving $1,793 per year. That's $546 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 |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $3,908 |
| Williamson County MUD #23 | MUD | 0.9200% | $2,902 |
| Williamson County | County | 0.3694% | $1,165 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $235 |
| Williamson County FM/Rd | County | 0.0443% | $140 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.6472% | $8,350 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $474,219 would pay approximately $2,960 per month (principal and interest only, excluding taxes and insurance).