505 HONEYBIRD LN, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $453,392 and $602,094, with a best estimate of $583,238. That places the property above the G571617B - Teravista Sec 40 median of $505,314, in a neighborhood that declined 8.5% over the past year.
Estimated Value Range
$583,238
$608,000
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G571617B - Teravista Sec 40, this home's estimated market value is between $453,392 and $602,094. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$16,075 for 73 sqft less living space. Net adjustment: -$16,075.
This comparable closely matches the subject property's features.
Adjusted +$27,747 for 126 sqft more living space. Net adjustment: +$27,747.
Adjusted -$121,116 for 550 sqft less living space and -$12,321 for being older. Net adjustment: -$133,437.
Adjusted -$4,845 for 22 sqft less living space and +$12,321 for being newer. Net adjustment: +$7,476.
The Neighborhood
This home is valued 20.3% above the G571617B - Teravista Sec 40 median of $505,314. With 540 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.5% over the past year.
G571617B - Teravista Sec 40
above averageThis home is +20.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,392 across all districts. With a homestead exemption claimed, that drops to $10,808 — saving $1,584 per year. That's $901 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% | $6,388 |
| Williamson County MUD #15 | MUD | 0.4825% | $2,934 |
| Williamson County | County | 0.3694% | $2,246 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $554 |
| Williamson County FM/Rd | County | 0.0443% | $270 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $12,392 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $583,238 would pay approximately $3,641 per month (principal and interest only, excluding taxes and insurance).