1605 MULBERRY OAK LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $284,828 and $741,089, with a best estimate of $698,839. 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
$698,839
$737,863
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $284,828 and $741,089. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$94,535 for 296 sqft more living space and +$13,564 for being newer. Net adjustment: +$108,099.
Adjusted +$11,498 for 36 sqft more living space. Net adjustment: +$11,498.
Adjusted +$86,551 for 271 sqft more living space and +$13,564 for being newer. Net adjustment: +$100,115.
Adjusted +$639 for 2 sqft more living space and +$13,564 for being newer. Net adjustment: +$14,203.
Adjusted -$81,441 for 255 sqft less living space and -$40,692 for being older. Net adjustment: -$122,133.
The Neighborhood
This home is in line with the L131725C - PARKSIDE ON THE RIVER 2900 SFT AND ABOVE median of $738,226. The neighborhood appreciated 121.5% over the past year.
L131725C - PARKSIDE ON THE RIVER 2900 SFT AND ABOVE
typicalThis home is -0.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $18,266 across all districts. With a homestead exemption claimed, that drops to $16,659 — saving $1,607 per year. That's $1,388 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% | $7,752 |
| Parkside on the River MUD #1 | MUD | 0.9200% | $6,788 |
| Williamson County | County | 0.3694% | $2,726 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $673 |
| Williamson County FM/Rd | County | 0.0443% | $327 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4756% | $18,266 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $698,839 would pay approximately $4,362 per month (principal and interest only, excluding taxes and insurance).