109 LAKE MINERAL WELLS DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $617,816 and $824,513, with a best estimate of $773,904. That places the property above the L498610C - PARKSIDE AT MAYFIELD RANCH median of $567,434, in a neighborhood that declined 5.9% over the past year.
Estimated Value Range
$773,904
$760,052
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 $617,816 and $824,513. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$34,522 for 128 sqft less living space. Net adjustment: -$34,522.
Adjusted +$51,783 for 192 sqft more living space and -$3,186 for being older. Net adjustment: +$48,597.
Adjusted +$189,870 for 704 sqft more living space. Net adjustment: +$189,870.
Adjusted +$155,078 for 575 sqft more living space and -$3,186 for being older. Net adjustment: +$151,892.
Adjusted +$179,082 for 664 sqft more living space. Net adjustment: +$179,082.
The Neighborhood
This home is valued 33.9% 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
above averageThis home is +33.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,950 across all districts. With a homestead exemption claimed, that drops to $14,288 — saving $1,662 per year. That's $1,191 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% | $8,261 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $2,869 |
| Williamson County | County | 0.3694% | $2,808 |
| Austin Community College | special | 0.1034% | $786 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $759 |
| Williamson County FM/Rd | County | 0.0443% | $337 |
| Upper Brushy Creek WCID | Water | 0.0170% | $129 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $15,950 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $773,904 would pay approximately $4,831 per month (principal and interest only, excluding taxes and insurance).