1517 MULBERRY OAK LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $376,385 and $745,194, with a best estimate of $689,494. 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
$689,494
$871,959
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L131725C - PARKSIDE ON THE RIVER 2900 SFT AND ABOVE, this home's estimated market value is between $376,385 and $745,194. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$35,770 for 112 sqft less living space and -$13,564 for being older. Net adjustment: -$49,334.
Adjusted -$13,094 for 41 sqft less living space. Net adjustment: -$13,094.
Adjusted +$25,869 for 81 sqft more living space and -$13,564 for being older. Net adjustment: +$12,305.
Adjusted -$20,121 for 63 sqft less living space. Net adjustment: -$20,121.
Adjusted +$27,147 for 85 sqft more living space and -$13,564 for being older. Net adjustment: +$13,583.
The Neighborhood
This home is valued 18.1% 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
above averageThis home is +18.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $21,586 across all districts. With a homestead exemption claimed, that drops to $19,954 — saving $1,632 per year. That's $1,663 per month a buyer should budget. The assessed value increased +586.6% vs the subdivision average of +121.5%. This above-average increase gives a protest opportunity score of 100 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $9,161 |
| Parkside on the River MUD #1 | MUD | 0.9200% | $8,022 |
| Williamson County | County | 0.3694% | $3,221 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $795 |
| Williamson County FM/Rd | County | 0.0443% | $387 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4756% | $21,586 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $689,494 would pay approximately $4,304 per month (principal and interest only, excluding taxes and insurance).