504 MORRIS DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $283,845 and $453,422, with a best estimate of $357,583. That places the property above the G131481H - Williams Addition 6,7, & 7 AMD median of $304,257, in a neighborhood that appreciated 7.3% over the past year.
Estimated Value Range
$357,583
$261,740
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $283,845 and $453,422. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$46,968 for 209 sqft less living space. Net adjustment: -$46,968.
Adjusted +$160,005 for 712 sqft more living space. Net adjustment: +$160,005.
Adjusted +$160,005 for 712 sqft more living space. Net adjustment: +$160,005.
Adjusted +$8,090 for 36 sqft more living space and -$10,086 for being older. Net adjustment: -$1,996.
Adjusted -$30,338 for 135 sqft less living space and -$10,086 for being older. Net adjustment: -$40,424.
The Neighborhood
This home is valued 14.0% below the G131481H - Williams Addition 6,7, & 7 AMD median of $304,257. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 7.3% over the past year.
G131481H - Williams Addition 6,7, & 7 AMD
typicalThis home is -14.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,757 across all districts. With a homestead exemption claimed, that drops to $3,191 — saving $1,566 per year. That's $266 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% | $2,750 |
| Williamson County | County | 0.3694% | $967 |
| Georgetown | City | 0.3530% | $924 |
| Williamson County FM/Rd | County | 0.0443% | $116 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T06) | other | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $4,757 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $357,583 would pay approximately $2,232 per month (principal and interest only, excluding taxes and insurance).