31000 MAGNOLIA CT, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $490,521 and $928,641, with a best estimate of $562,480. That places the property above the G110693B - Berry Creek Sec 1,3, & 10 median of $543,838, in a neighborhood that declined 3.1% over the past year.
Estimated Value Range
$562,480
$562,147
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G110693B - Berry Creek Sec 1,3, & 10, this home's estimated market value is between $490,521 and $928,641. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$21,532 for 93 sqft more living space. Net adjustment: +$21,532.
Adjusted +$94,926 for 410 sqft more living space and -$8,860 for being older. Net adjustment: +$86,066.
Adjusted -$87,517 for 378 sqft less living space and -$1,108 for being older. Net adjustment: -$88,625.
Adjusted -$90,064 for 389 sqft less living space and -$2,215 for being older. Net adjustment: -$92,279.
Adjusted +$213,931 for 924 sqft more living space and -$3,323 for being older. Net adjustment: +$210,608.
The Neighborhood
This home is valued 3.4% above the G110693B - Berry Creek Sec 1,3, & 10 median of $543,838. With 845 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.1% over the past year.
G110693B - Berry Creek Sec 1,3, & 10
typicalThis home is +3.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,216 across all districts. With a homestead exemption claimed, that drops to $8,542 — saving $1,674 per year. That's $712 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% | $5,906 |
| Williamson County | County | 0.3694% | $2,077 |
| Georgetown | City | 0.3530% | $1,984 |
| Williamson County FM/Rd | County | 0.0443% | $249 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $10,216 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $562,480 would pay approximately $3,511 per month (principal and interest only, excluding taxes and insurance).