507 LUTHER DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $407,122 and $495,852, with a best estimate of $486,132. That places the property above the G242X - Georgetown East Duplex median of $422,527, in a neighborhood that appreciated 0.5% over the past year.
Estimated Value Range
$486,132
$426,481
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G242X - Georgetown East Duplex, this home's estimated market value is between $407,122 and $495,852. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$114,579 for 345 sqft more living space. Net adjustment: +$114,579.
Adjusted +$110,262 for 332 sqft more living space and +$5,265 for being newer. Net adjustment: +$115,527.
Adjusted -$41,182 for 124 sqft less living space and +$3,159 for being newer. Net adjustment: -$38,023.
Adjusted +$77,050 for 232 sqft more living space and +$3,159 for being newer. Net adjustment: +$80,209.
Adjusted +$75,390 for 227 sqft more living space and +$4,212 for being newer. Net adjustment: +$79,602.
The Neighborhood
This home is in line with the G242X - Georgetown East Duplex median of $422,527. The neighborhood appreciated 0.5% over the past year.
G242X - Georgetown East Duplex
typicalThis home is +0.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,751 across all districts. With a homestead exemption claimed, that drops to $6,126 — saving $1,625 per year. That's $511 per month a buyer should budget. The assessed value increased +11.3% vs the subdivision average of +0.5%. This above-average increase gives a protest opportunity score of 75 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $4,481 |
| Williamson County | County | 0.3694% | $1,576 |
| Georgetown | City | 0.3530% | $1,505 |
| Williamson County FM/Rd | County | 0.0443% | $189 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,751 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $486,132 would pay approximately $3,034 per month (principal and interest only, excluding taxes and insurance).