2005 PARK LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $362,665 and $436,043, with a best estimate of $392,644. That places the property above the G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge median of $299,839, in a neighborhood that declined 1.9% over the past year.
Estimated Value Range
$392,644
$313,864
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge, this home's estimated market value is between $362,665 and $436,043. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$101,719 for 499 sqft more living space and -$13,257 for being older. Net adjustment: +$88,462.
Adjusted +$129,035 for 633 sqft more living space and -$2,651 for being older. Net adjustment: +$126,384.
Adjusted +$104,573 for 513 sqft more living space. Net adjustment: +$104,573.
Adjusted +$62,581 for 307 sqft more living space and -$10,606 for being older. Net adjustment: +$51,975.
Adjusted +$97,235 for 477 sqft more living space. Net adjustment: +$97,235.
The Neighborhood
This home is valued 4.7% above the G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge median of $299,839. With 309 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.9% over the past year.
G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge
typicalThis home is +4.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,704 across all districts. With a homestead exemption claimed, that drops to $4,120 — saving $1,584 per year. That's $343 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% | $3,297 |
| Williamson County | County | 0.3694% | $1,160 |
| Georgetown | City | 0.3530% | $1,108 |
| Williamson County FM/Rd | County | 0.0443% | $139 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,704 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $392,644 would pay approximately $2,451 per month (principal and interest only, excluding taxes and insurance).