1505 MULBERRY OAK LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $475,809 and $769,058, with a best estimate of $729,410. 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
$729,410
$828,133
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 $475,809 and $769,058. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$251,030 for 786 sqft less living space. Net adjustment: -$251,030.
Adjusted +$958 for 3 sqft more living space. Net adjustment: +$958.
Adjusted -$121,044 for 379 sqft less living space. Net adjustment: -$121,044.
Adjusted -$283,287 for 887 sqft less living space and +$13,564 for being newer. Net adjustment: -$269,723.
Adjusted -$32,576 for 102 sqft less living space and +$13,564 for being newer. Net adjustment: -$19,012.
The Neighborhood
This home is valued 12.2% 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
typicalThis home is +12.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $20,501 across all districts. With a homestead exemption claimed, that drops to $18,877 — saving $1,624 per year. That's $1,573 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% | $8,700 |
| Parkside on the River MUD #1 | MUD | 0.9200% | $7,619 |
| Williamson County | County | 0.3694% | $3,060 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $755 |
| Williamson County FM/Rd | County | 0.0443% | $367 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4756% | $20,501 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $729,410 would pay approximately $4,553 per month (principal and interest only, excluding taxes and insurance).