2509 SPRINGWOOD LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $557,885 and $1,233,154, with a best estimate of $973,847. That places the property above the G185603B - Falls of San Gabriel median of $909,494, in a neighborhood that appreciated 5.8% over the past year.
Estimated Value Range
$973,847
$1,009,143
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G185603B - Falls of San Gabriel, this home's estimated market value is between $557,885 and $1,233,154. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$450,348 for 1,381 sqft less living space and +$43,132 for being newer. Net adjustment: -$407,216.
Adjusted -$83,809 for 257 sqft less living space and -$64,697 for being older. Net adjustment: -$148,506.
Adjusted -$117,723 for 361 sqft less living space and +$10,783 for being newer. Net adjustment: -$106,940.
Adjusted +$197,945 for 607 sqft more living space. Net adjustment: +$197,945.
Adjusted -$10,761 for 33 sqft less living space and +$21,566 for being newer. Net adjustment: +$10,805.
The Neighborhood
This home is valued 11.0% above the G185603B - Falls of San Gabriel median of $909,494. With 44 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 5.8% over the past year.
G185603B - Falls of San Gabriel
typicalThis home is +11.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $16,829 across all districts. With a homestead exemption claimed, that drops to $15,024 — saving $1,805 per year. That's $1,252 per month a buyer should budget. The assessed value increased +13.6% vs the subdivision average of +5.8%. This above-average increase gives a protest opportunity score of 74 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $9,729 |
| Williamson County | County | 0.3694% | $3,421 |
| Georgetown | City | 0.3530% | $3,269 |
| Williamson County FM/Rd | County | 0.0443% | $410 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $16,829 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $973,847 would pay approximately $6,079 per month (principal and interest only, excluding taxes and insurance).