318 OAKRIDGE RD, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $483,104 and $940,960, with a best estimate of $615,496. That places the property above the G210582E - Oakcrest Ranchettes 1,2,3, Greenridge & Highcrest median of $547,832, in a neighborhood that declined 8.5% over the past year.
Estimated Value Range
$615,496
$799,805
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 $483,104 and $940,960. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$304,515 for 1,180 sqft more living space and +$20,963 for being newer. Net adjustment: +$325,478.
Adjusted -$222,967 for 864 sqft less living space. Net adjustment: -$222,967.
Adjusted +$1,806 for 7 sqft more living space and +$48,915 for being newer and +$22,332 for having a garage. Net adjustment: +$73,053.
Adjusted +$30,452 for 118 sqft more living space and -$132,768 for being older. Net adjustment: -$102,316.
Adjusted +$123,871 for 480 sqft more living space and -$111,805 for being older. Net adjustment: +$12,066.
The Neighborhood
This home is valued 46.0% above the G210582E - Oakcrest Ranchettes 1,2,3, Greenridge & Highcrest median of $547,832. With 234 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.5% over the past year.
G210582E - Oakcrest Ranchettes 1,2,3, Greenridge & Highcrest
above averageThis home is +46.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,085 across all districts. With a homestead exemption claimed, that drops to $10,471 — saving $1,614 per year. That's $873 per month a buyer should budget. The assessed value increased +13.2% vs the subdivision average of -8.5%. This above-average increase gives a protest opportunity score of 80 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $8,162 |
| Williamson County | County | 0.3694% | $2,870 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $709 |
| Williamson County FM/Rd | County | 0.0443% | $344 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $12,085 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $615,496 would pay approximately $3,842 per month (principal and interest only, excluding taxes and insurance).