1208 FESTIVAL ST, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $416,299 and $842,220, with a best estimate of $602,036. 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
$602,036
$575,195
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $416,299 and $842,220. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$126,481 for 388 sqft more living space. Net adjustment: +$126,481.
Adjusted +$33,250 for 102 sqft more living space and -$37,468 for being older. Net adjustment: -$4,218.
Adjusted +$35,532 for 109 sqft more living space. Net adjustment: +$35,532.
Adjusted +$158,101 for 485 sqft more living space and +$24,979 for being newer. Net adjustment: +$183,080.
Adjusted +$85,733 for 263 sqft more living space and +$12,489 for being newer. Net adjustment: +$98,222.
The Neighborhood
This home is valued 3.6% 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 -3.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $15,141 across all districts. With a homestead exemption claimed, that drops to $13,513 — saving $1,628 per year. That's $1,126 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% | $6,252 |
| Williamson County MUD #25 | MUD | 0.9200% | $5,292 |
| Williamson County | County | 0.3694% | $2,125 |
| Austin Community College | special | 0.1034% | $595 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $525 |
| Williamson County FM/Rd | County | 0.0443% | $255 |
| Upper Brushy Creek WCID | Water | 0.0170% | $98 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.6323% | $15,141 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $602,036 would pay approximately $3,758 per month (principal and interest only, excluding taxes and insurance).