1605 PARK LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $263,153 and $326,577, with a best estimate of $283,179. That places the property below 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
$283,179
$265,493
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge, this home's estimated market value is between $263,153 and $326,577. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$7,746 for 38 sqft less living space and -$13,257 for being older. Net adjustment: -$21,003.
Adjusted +$19,569 for 96 sqft more living space and -$2,651 for being older. Net adjustment: +$16,918.
Adjusted -$4,892 for 24 sqft less living space. Net adjustment: -$4,892.
Adjusted -$46,885 for 230 sqft less living space and -$10,606 for being older. Net adjustment: -$57,491.
Adjusted +$22,423 for 110 sqft more living space and -$17,234 for being older. Net adjustment: +$5,189.
The Neighborhood
This home is valued 11.5% 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 -11.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,825 across all districts. With a homestead exemption claimed, that drops to $3,258 — saving $1,567 per year. That's $272 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% | $2,789 |
| Williamson County | County | 0.3694% | $981 |
| Georgetown | City | 0.3530% | $937 |
| Williamson County FM/Rd | County | 0.0443% | $118 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $4,825 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $283,179 would pay approximately $1,768 per month (principal and interest only, excluding taxes and insurance).