1500 MULBERRY OAK LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $587,738 and $949,177, with a best estimate of $629,340. 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
$629,340
$890,102
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 $587,738 and $949,177. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$162,243 for 508 sqft less living space and +$13,564 for being newer. Net adjustment: -$148,679.
Adjusted +$88,467 for 277 sqft more living space and +$13,564 for being newer. Net adjustment: +$102,031.
Adjusted -$145,316 for 455 sqft less living space. Net adjustment: -$145,316.
Adjusted +$121,044 for 379 sqft more living space. Net adjustment: +$121,044.
Adjusted -$129,986 for 407 sqft less living space. Net adjustment: -$129,986.
The Neighborhood
This home is valued 20.6% 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 +20.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $21,580 across all districts. With a homestead exemption claimed, that drops to $19,948 — saving $1,632 per year. That's $1,662 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 |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $9,158 |
| Parkside on the River MUD #1 | MUD | 0.9200% | $8,020 |
| Williamson County | County | 0.3694% | $3,221 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $795 |
| Williamson County FM/Rd | County | 0.0443% | $386 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4756% | $21,580 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $629,340 would pay approximately $3,928 per month (principal and interest only, excluding taxes and insurance).