212 LAKE THEO LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $387,045 and $656,007, with a best estimate of $485,809. That places the property below the L498610C - PARKSIDE AT MAYFIELD RANCH median of $567,434, in a neighborhood that declined 5.9% over the past year.
Estimated Value Range
$485,809
$603,801
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L498610C - PARKSIDE AT MAYFIELD RANCH, this home's estimated market value is between $387,045 and $656,007. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$209,558 for 777 sqft less living space. Net adjustment: -$209,558.
Adjusted +$54,210 for 201 sqft more living space and +$3,186 for being newer. Net adjustment: +$57,396.
Adjusted -$88,732 for 329 sqft less living space and +$3,186 for being newer. Net adjustment: -$85,546.
Adjusted -$97,093 for 360 sqft less living space. Net adjustment: -$97,093.
Adjusted +$71,741 for 266 sqft more living space. Net adjustment: +$71,741.
The Neighborhood
This home is valued 6.4% above the L498610C - PARKSIDE AT MAYFIELD RANCH median of $567,434. With 936 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.9% over the past year.
L498610C - PARKSIDE AT MAYFIELD RANCH
typicalThis home is +6.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,671 across all districts. With a homestead exemption claimed, that drops to $11,037 — saving $1,634 per year. That's $920 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% | $6,563 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $2,279 |
| Williamson County | County | 0.3694% | $2,231 |
| Austin Community College | special | 0.1034% | $624 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $603 |
| Williamson County FM/Rd | County | 0.0443% | $268 |
| Upper Brushy Creek WCID | Water | 0.0170% | $103 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $12,671 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $485,809 would pay approximately $3,032 per month (principal and interest only, excluding taxes and insurance).