1508 MULBERRY OAK LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $503,138 and $847,145, with a best estimate of $720,675. That places the property below 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
$720,675
$748,422
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 $503,138 and $847,145. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$250,710 for 785 sqft less living space. Net adjustment: -$250,710.
Adjusted -$88,467 for 277 sqft less living space and -$13,564 for being older. Net adjustment: -$102,031.
Adjusted -$16,927 for 53 sqft less living space. Net adjustment: -$16,927.
Adjusted +$32,576 for 102 sqft more living space and -$13,564 for being older. Net adjustment: +$19,012.
Adjusted +$22,995 for 72 sqft more living space and -$13,564 for being older. Net adjustment: +$9,431.
The Neighborhood
This home is valued 1.4% above the L131725C - PARKSIDE ON THE RIVER 2900 SFT AND ABOVE median of $738,226. With 554 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 121.5% over the past year.
L131725C - PARKSIDE ON THE RIVER 2900 SFT AND ABOVE
typicalThis home is +1.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $18,528 across all districts. With a homestead exemption claimed, that drops to $16,919 — saving $1,609 per year. That's $1,410 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% | $7,863 |
| Parkside on the River MUD #1 | MUD | 0.9200% | $6,885 |
| Williamson County | County | 0.3694% | $2,765 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $683 |
| Williamson County FM/Rd | County | 0.0443% | $332 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4756% | $18,528 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $720,675 would pay approximately $4,498 per month (principal and interest only, excluding taxes and insurance).