40104 PENNINGTON LN, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $461,664 and $764,582, with a best estimate of $537,779. That places the property above the G401590F - Pennington Place median of $477,914, in a neighborhood that declined 11.9% over the past year.
Estimated Value Range
$537,779
$493,522
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G401590F - Pennington Place, this home's estimated market value is between $461,664 and $764,582. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$18,025 for 76 sqft less living space and +$13,161 for being newer. Net adjustment: -$4,864.
Adjusted -$8,775 for 37 sqft less living space and +$57,909 for being newer. Net adjustment: +$49,134.
Adjusted -$68,069 for 287 sqft less living space and +$7,897 for being newer. Net adjustment: -$60,172.
Adjusted -$86,094 for 363 sqft less living space and +$52,644 for being newer. Net adjustment: -$33,450.
Adjusted +$21,820 for 92 sqft more living space and +$57,909 for being newer. Net adjustment: +$79,729.
The Neighborhood
This home is valued 3.3% above the G401590F - Pennington Place median of $477,914. With 34 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 11.9% over the past year.
G401590F - Pennington Place
typicalThis home is +3.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,677 across all districts. With a homestead exemption claimed, that drops to $6,115 — saving $1,562 per year. That's $510 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% | $5,185 |
| Williamson County | County | 0.3694% | $1,823 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $450 |
| Williamson County FM/Rd | County | 0.0443% | $219 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $7,677 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $537,779 would pay approximately $3,357 per month (principal and interest only, excluding taxes and insurance).