1212 FALLING HILLS DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $459,025 and $695,822, with a best estimate of $652,875. That places the property above the G172613B - WATER OAK NORTH median of $501,966, in a neighborhood that declined 3.7% over the past year.
Estimated Value Range
$652,875
$488,615
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G172613B - WATER OAK NORTH, this home's estimated market value is between $459,025 and $695,822. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$129,890 for 610 sqft more living space and -$5,426 for being older. Net adjustment: +$124,464.
Adjusted -$35,347 for 166 sqft less living space and -$5,426 for being older. Net adjustment: -$40,773.
Adjusted +$96,885 for 455 sqft more living space and +$10,853 for being newer. Net adjustment: +$107,738.
Adjusted +$105,402 for 495 sqft more living space and +$27,131 for being newer. Net adjustment: +$132,533.
Adjusted -$24,274 for 114 sqft less living space and -$5,426 for being older. Net adjustment: -$29,700.
The Neighborhood
This home is valued 2.7% below the G172613B - WATER OAK NORTH median of $501,966. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.7% over the past year.
G172613B - WATER OAK NORTH
typicalThis home is -2.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,096 across all districts. With a homestead exemption claimed, that drops to $10,535 — saving $1,561 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% | $5,133 |
| Williamson County MUD #25 | MUD | 0.9200% | $4,495 |
| Williamson County | County | 0.3694% | $1,805 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $446 |
| Williamson County FM/Rd | County | 0.0443% | $217 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4756% | $12,096 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $652,875 would pay approximately $4,075 per month (principal and interest only, excluding taxes and insurance).