1200 FESTIVAL ST, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $324,087 and $602,822, with a best estimate of $404,942. That places the property below the L130822C - PARKSIDE PENINSULA median of $596,845, in a neighborhood that appreciated 61.8% over the past year.
Estimated Value Range
$404,942
$596,936
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $324,087 and $602,822. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$112,138 for 344 sqft less living space and -$12,489 for being older. Net adjustment: -$124,627.
Adjusted -$238,619 for 732 sqft less living space and -$12,489 for being older. Net adjustment: -$251,108.
Adjusted -$203,087 for 623 sqft less living space and -$12,489 for being older. Net adjustment: -$215,576.
Adjusted -$80,518 for 247 sqft less living space and +$12,489 for being newer. Net adjustment: -$68,029.
Adjusted -$12,387 for 38 sqft less living space and -$74,937 for being older. Net adjustment: -$87,324.
The Neighborhood
This home is in line with the L130822C - PARKSIDE PENINSULA median of $596,845. The neighborhood appreciated 61.8% over the past year.
L130822C - PARKSIDE PENINSULA
typicalThis home is +0.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,713 across all districts. With a homestead exemption claimed, that drops to $14,081 — saving $1,632 per year. That's $1,173 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% | $6,488 |
| Williamson County MUD #25 | MUD | 0.9200% | $5,492 |
| Williamson County | County | 0.3694% | $2,205 |
| Austin Community College | special | 0.1034% | $617 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $544 |
| Williamson County FM/Rd | County | 0.0443% | $265 |
| Upper Brushy Creek WCID | Water | 0.0170% | $101 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.6323% | $15,713 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $404,942 would pay approximately $2,528 per month (principal and interest only, excluding taxes and insurance).