240 GALVESTON ISLAND LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $442,324 and $558,839, with a best estimate of $518,699. 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
$518,699
$591,329
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 $442,324 and $558,839. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$102,217 for 379 sqft less living space. Net adjustment: -$102,217.
Adjusted -$86,844 for 322 sqft less living space and +$3,186 for being newer. Net adjustment: -$83,658.
Adjusted -$56,368 for 209 sqft less living space. Net adjustment: -$56,368.
Adjusted -$63,110 for 234 sqft less living space and +$3,186 for being newer. Net adjustment: -$59,924.
Adjusted -$63,919 for 237 sqft less living space. Net adjustment: -$63,919.
The Neighborhood
This home is valued 4.2% 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 +4.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,409 across all districts. With a homestead exemption claimed, that drops to $10,778 — saving $1,631 per year. That's $898 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% | $6,427 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $2,232 |
| Williamson County | County | 0.3694% | $2,185 |
| Austin Community College | special | 0.1034% | $611 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $591 |
| Williamson County FM/Rd | County | 0.0443% | $262 |
| Upper Brushy Creek WCID | Water | 0.0170% | $101 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $12,409 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $518,699 would pay approximately $3,238 per month (principal and interest only, excluding taxes and insurance).