1204 FESTIVAL ST, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $420,952 and $731,023, with a best estimate of $674,368. That places the property above the L130822C - PARKSIDE PENINSULA median of $596,845, in a neighborhood that appreciated 61.8% over the past year.
Estimated Value Range
$674,368
$532,333
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L130822C - PARKSIDE PENINSULA, this home's estimated market value is between $420,952 and $731,023. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$114,420 for 351 sqft more living space and -$12,489 for being older. Net adjustment: +$101,931.
Adjusted +$149,626 for 459 sqft more living space and -$12,489 for being older. Net adjustment: +$137,137.
Adjusted +$51,179 for 157 sqft more living space and -$12,489 for being older. Net adjustment: +$38,690.
Adjusted +$11,735 for 36 sqft more living space and -$12,489 for being older. Net adjustment: -$754.
Adjusted -$124,525 for 382 sqft less living space and -$12,489 for being older. Net adjustment: -$137,014.
The Neighborhood
This home is valued 10.8% below the L130822C - PARKSIDE PENINSULA median of $596,845. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 61.8% over the past year.
L130822C - PARKSIDE PENINSULA
typicalThis home is -10.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $14,012 across all districts. With a homestead exemption claimed, that drops to $12,392 — saving $1,620 per year. That's $1,033 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 |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $5,786 |
| Williamson County MUD #25 | MUD | 0.9200% | $4,897 |
| Williamson County | County | 0.3694% | $1,967 |
| Austin Community College | special | 0.1034% | $550 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $485 |
| Williamson County FM/Rd | County | 0.0443% | $236 |
| Upper Brushy Creek WCID | Water | 0.0170% | $90 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.6323% | $14,012 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $674,368 would pay approximately $4,209 per month (principal and interest only, excluding taxes and insurance).