1608 MULBERRY OAK LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $-267,751 and $632,989, with a best estimate of $590,740. 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
$590,740
$602,453
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 $-267,751 and $632,989. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$94,535 for 296 sqft less living space and -$13,564 for being older. Net adjustment: -$108,099.
Adjusted -$83,038 for 260 sqft less living space and -$13,564 for being older. Net adjustment: -$96,602.
Adjusted -$7,984 for 25 sqft less living space. Net adjustment: -$7,984.
Adjusted -$93,897 for 294 sqft less living space. Net adjustment: -$93,897.
Adjusted +$62,917 for 197 sqft more living space and -$746,021 for being older. Net adjustment: -$683,104.
The Neighborhood
This home is valued 18.4% below the L131725C - PARKSIDE ON THE RIVER 2900 SFT AND ABOVE median of $738,226. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 121.5% over the past year.
L131725C - PARKSIDE ON THE RIVER 2900 SFT AND ABOVE
below averageThis home is -18.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $14,677 across all districts. With a homestead exemption claimed, that drops to $13,096 — saving $1,581 per year. That's $1,091 per month a buyer should budget. The assessed value increased +374.4% 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% | $6,229 |
| Parkside on the River MUD #1 | MUD | 0.9200% | $5,454 |
| Williamson County | County | 0.3694% | $2,190 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $541 |
| Williamson County FM/Rd | County | 0.0443% | $263 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4756% | $14,677 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $590,740 would pay approximately $3,687 per month (principal and interest only, excluding taxes and insurance).