1121 MULBERRY OAK LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $476,502 and $518,223, with a best estimate of $487,694. That places the property below the L131721C - PARKSIDE ON THE RIVER median of $543,580, in a neighborhood that appreciated 55.0% over the past year.
Estimated Value Range
$487,694
$531,146
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L131721C - PARKSIDE ON THE RIVER, this home's estimated market value is between $476,502 and $518,223. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$88,328 for 347 sqft more living space. Net adjustment: +$88,328.
Adjusted +$89,091 for 350 sqft more living space and +$3,150 for being newer. Net adjustment: +$92,241.
Adjusted +$28,000 for 110 sqft more living space. Net adjustment: +$28,000.
Adjusted +$54,219 for 213 sqft more living space. Net adjustment: +$54,219.
Adjusted +$32,582 for 128 sqft more living space. Net adjustment: +$32,582.
The Neighborhood
This home is valued 2.3% below the L131721C - PARKSIDE ON THE RIVER median of $543,580. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 55.0% over the past year.
L131721C - PARKSIDE ON THE RIVER
typicalThis home is -2.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $13,149 across all districts. With a homestead exemption claimed, that drops to $11,580 — saving $1,569 per year. That's $965 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% | $5,580 |
| Parkside on the River MUD #1 | MUD | 0.9200% | $4,887 |
| Williamson County | County | 0.3694% | $1,962 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $484 |
| Williamson County FM/Rd | County | 0.0443% | $235 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4756% | $13,149 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $487,694 would pay approximately $3,044 per month (principal and interest only, excluding taxes and insurance).