1209 FESTIVAL ST, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $268,670 and $541,519, with a best estimate of $349,525. 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
$349,525
$560,786
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L130822C - PARKSIDE PENINSULA, this home's estimated market value is between $268,670 and $541,519. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$167,555 for 514 sqft less living space and -$12,489 for being older. Net adjustment: -$180,044.
Adjusted -$294,036 for 902 sqft less living space and -$12,489 for being older. Net adjustment: -$306,525.
Adjusted -$258,504 for 793 sqft less living space and -$12,489 for being older. Net adjustment: -$270,993.
Adjusted -$135,934 for 417 sqft less living space and +$12,489 for being newer. Net adjustment: -$123,445.
Adjusted -$55,417 for 170 sqft less living space. Net adjustment: -$55,417.
The Neighborhood
This home is valued 6.0% below the L130822C - PARKSIDE PENINSULA median of $596,845. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 61.8% over the past year.
L130822C - PARKSIDE PENINSULA
typicalThis home is -6.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $14,761 across all districts. With a homestead exemption claimed, that drops to $13,136 — saving $1,625 per year. That's $1,095 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% | $6,095 |
| Williamson County MUD #25 | MUD | 0.9200% | $5,159 |
| Williamson County | County | 0.3694% | $2,072 |
| Austin Community College | special | 0.1034% | $580 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $511 |
| Williamson County FM/Rd | County | 0.0443% | $249 |
| Upper Brushy Creek WCID | Water | 0.0170% | $95 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.6323% | $14,761 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $349,525 would pay approximately $2,182 per month (principal and interest only, excluding taxes and insurance).