229 MONAHANS DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $360,926 and $660,847, with a best estimate of $423,135. 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
$423,135
$635,346
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 $360,926 and $660,847. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$2,427 for 9 sqft more living space and +$3,186 for being newer. Net adjustment: +$5,613.
Adjusted -$215,761 for 800 sqft less living space. Net adjustment: -$215,761.
Adjusted -$91,699 for 340 sqft less living space and -$12,742 for being older. Net adjustment: -$104,441.
Adjusted +$16,721 for 62 sqft more living space and -$6,371 for being older. Net adjustment: +$10,350.
Adjusted -$222,774 for 826 sqft less living space and +$3,186 for being newer. Net adjustment: -$219,588.
The Neighborhood
This home is valued 12.0% 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 +12.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $13,333 across all districts. With a homestead exemption claimed, that drops to $11,694 — saving $1,639 per year. That's $975 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% | $6,906 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $2,398 |
| Williamson County | County | 0.3694% | $2,347 |
| Austin Community College | special | 0.1034% | $657 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $635 |
| Williamson County FM/Rd | County | 0.0443% | $282 |
| Upper Brushy Creek WCID | Water | 0.0170% | $108 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $13,333 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $423,135 would pay approximately $2,641 per month (principal and interest only, excluding taxes and insurance).