1609 MULBERRY OAK LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $490,072 and $798,900, with a best estimate of $730,054. 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
$730,054
$685,270
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 $490,072 and $798,900. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$3,194 for 10 sqft more living space. Net adjustment: +$3,194.
Adjusted -$1,278 for 4 sqft less living space. Net adjustment: -$1,278.
Adjusted -$55,252 for 173 sqft less living space. Net adjustment: -$55,252.
This comparable closely matches the subject property's features.
Adjusted +$3,194 for 10 sqft more living space. Net adjustment: +$3,194.
The Neighborhood
This home is valued 7.2% below the L131725C - PARKSIDE ON THE RIVER 2900 SFT AND ABOVE median of $738,226. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 121.5% over the past year.
L131725C - PARKSIDE ON THE RIVER 2900 SFT AND ABOVE
typicalThis home is -7.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $16,964 across all districts. With a homestead exemption claimed, that drops to $15,367 — saving $1,597 per year. That's $1,281 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% | $7,199 |
| Parkside on the River MUD #1 | MUD | 0.9200% | $6,304 |
| Williamson County | County | 0.3694% | $2,532 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $625 |
| Williamson County FM/Rd | County | 0.0443% | $304 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4756% | $16,964 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $730,054 would pay approximately $4,557 per month (principal and interest only, excluding taxes and insurance).