131 MELISSA CT, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $267,065 and $414,606, with a best estimate of $358,025. That places the property above the G194597G - Village of River Bend median of $320,800, in a neighborhood that declined 3.6% over the past year.
Estimated Value Range
$358,025
$374,251
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in G194597G - Village of River Bend. The estimated range of $267,065 and $414,606 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$8,085 for 40 sqft less living space and +$4,913 for being newer. Net adjustment: -$3,172.
Adjusted +$99,439 for 492 sqft more living space and +$6,294 for having a pool. Net adjustment: +$105,733.
Adjusted -$202 for 1 sqft less living space and -$98,254 for being older and +$6,294 for having a pool. Net adjustment: -$92,162.
Adjusted +$24,658 for 122 sqft more living space and -$98,254 for being older and +$6,294 for having a pool. Net adjustment: -$67,302.
Adjusted +$129,150 for 639 sqft more living space and -$4,913 for being older and +$6,294 for having a pool. Net adjustment: +$130,531.
The Neighborhood
This home is valued 16.7% above the G194597G - Village of River Bend median of $320,800. With 61 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.6% over the past year.
G194597G - Village of River Bend
above averageThis home is +16.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,802 across all districts. With a homestead exemption claimed, that drops to $5,196 — saving $1,606 per year. That's $433 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% | $3,932 |
| Williamson County | County | 0.3694% | $1,383 |
| Georgetown | City | 0.3530% | $1,321 |
| Williamson County FM/Rd | County | 0.0443% | $166 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,802 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $358,025 would pay approximately $2,235 per month (principal and interest only, excluding taxes and insurance).