224 MEADOW PARK DR, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $164,708 and $484,478, with a best estimate of $471,273. That places the property above the G542404I - MEADOWS OF GEORGETOWN median of $315,093, in a neighborhood that declined 7.1% over the past year.
Estimated Value Range
$471,273
$284,563
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G542404I - MEADOWS OF GEORGETOWN, this home's estimated market value is between $164,708 and $484,478. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$168,273 for 508 sqft more living space. Net adjustment: +$168,273.
Adjusted +$162,973 for 492 sqft more living space. Net adjustment: +$162,973.
Adjusted +$122,561 for 370 sqft more living space. Net adjustment: +$122,561.
Adjusted -$153,698 for 464 sqft less living space. Net adjustment: -$153,698.
Adjusted +$26,831 for 81 sqft more living space. Net adjustment: +$26,831.
The Neighborhood
This home is valued 9.7% below the G542404I - MEADOWS OF GEORGETOWN median of $315,093. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.1% over the past year.
G542404I - MEADOWS OF GEORGETOWN
typicalThis home is -9.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,172 across all districts. With a homestead exemption claimed, that drops to $3,598 — saving $1,574 per year. That's $300 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% | $2,990 |
| Williamson County | County | 0.3694% | $1,051 |
| Georgetown | City | 0.3530% | $1,005 |
| Williamson County FM/Rd | County | 0.0443% | $126 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,172 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $471,273 would pay approximately $2,942 per month (principal and interest only, excluding taxes and insurance).