116 LOCKHART LOOP, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $368,608 and $597,913, with a best estimate of $453,423. 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
$453,423
$578,888
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 $368,608 and $597,913. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$110,847 for 411 sqft less living space. Net adjustment: -$110,847.
Adjusted -$165,327 for 613 sqft less living space. Net adjustment: -$165,327.
Adjusted -$97,362 for 361 sqft less living space. Net adjustment: -$97,362.
Adjusted -$57,446 for 213 sqft less living space and +$6,371 for being newer. Net adjustment: -$51,075.
Adjusted +$8,900 for 33 sqft more living space and +$6,371 for being newer. Net adjustment: +$15,271.
The Neighborhood
This home is valued 2.0% 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 +2.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,148 across all districts. With a homestead exemption claimed, that drops to $10,519 — saving $1,629 per year. That's $877 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% | $6,292 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $2,185 |
| Williamson County | County | 0.3694% | $2,139 |
| Austin Community College | special | 0.1034% | $599 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $578 |
| Williamson County FM/Rd | County | 0.0443% | $257 |
| Upper Brushy Creek WCID | Water | 0.0170% | $98 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $12,148 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $453,423 would pay approximately $2,830 per month (principal and interest only, excluding taxes and insurance).