1606 PARK LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $270,492 and $575,416, with a best estimate of $304,582. That places the property above the G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge median of $299,839, in a neighborhood that declined 1.9% over the past year.
Estimated Value Range
$304,582
$262,255
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $270,492 and $575,416. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$28,131 for 138 sqft less living space. Net adjustment: -$28,131.
Adjusted -$408 for 2 sqft less living space and -$13,257 for being older. Net adjustment: -$13,665.
Adjusted +$26,908 for 132 sqft more living space and -$2,651 for being older. Net adjustment: +$24,257.
Adjusted +$2,446 for 12 sqft more living space. Net adjustment: +$2,446.
Adjusted -$39,546 for 194 sqft less living space and -$10,606 for being older. Net adjustment: -$50,152.
The Neighborhood
This home is valued 12.5% below the G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge median of $299,839. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.9% over the past year.
G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge
typicalThis home is -12.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,766 across all districts. With a homestead exemption claimed, that drops to $3,201 — saving $1,565 per year. That's $267 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% | $2,755 |
| Williamson County | County | 0.3694% | $969 |
| Georgetown | City | 0.3530% | $926 |
| Williamson County FM/Rd | County | 0.0443% | $116 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $4,766 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $304,582 would pay approximately $1,901 per month (principal and interest only, excluding taxes and insurance).