1516 MULBERRY OAK LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $399,841 and $845,529, with a best estimate of $765,349. That places the property above the L131725C - PARKSIDE ON THE RIVER 2900 SFT AND ABOVE median of $738,226, in a neighborhood that appreciated 121.5% over the past year.
Estimated Value Range
$765,349
$737,602
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L131725C - PARKSIDE ON THE RIVER 2900 SFT AND ABOVE, this home's estimated market value is between $399,841 and $845,529. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$16,927 for 53 sqft more living space. Net adjustment: +$16,927.
Adjusted -$385,168 for 1,206 sqft less living space. Net adjustment: -$385,168.
Adjusted -$233,783 for 732 sqft less living space. Net adjustment: -$233,783.
Adjusted +$45,351 for 142 sqft more living space. Net adjustment: +$45,351.
Adjusted -$71,540 for 224 sqft less living space and -$13,564 for being older. Net adjustment: -$85,104.
The Neighborhood
This home is in line with the L131725C - PARKSIDE ON THE RIVER 2900 SFT AND ABOVE median of $738,226. The neighborhood appreciated 121.5% over the past year.
L131725C - PARKSIDE ON THE RIVER 2900 SFT AND ABOVE
typicalThis home is -0.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $18,260 across all districts. With a homestead exemption claimed, that drops to $16,653 — saving $1,607 per year. That's $1,388 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% | $7,749 |
| Parkside on the River MUD #1 | MUD | 0.9200% | $6,786 |
| Williamson County | County | 0.3694% | $2,725 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $673 |
| Williamson County FM/Rd | County | 0.0443% | $327 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4756% | $18,260 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $765,349 would pay approximately $4,777 per month (principal and interest only, excluding taxes and insurance).