501 PARK PLACE DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $603,446 and $1,054,585, with a best estimate of $768,497. That places the property below the I410600C - Gabriel's Overlook median of $818,008, in a neighborhood that appreciated 3.4% over the past year.
Estimated Value Range
$768,497
$665,398
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in I410600C - Gabriel's Overlook, this home's estimated market value is between $603,446 and $1,054,585. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$46,772 for 157 sqft more living space and +$79,495 for being newer. Net adjustment: +$126,267.
Adjusted -$90,566 for 304 sqft less living space and +$79,495 for being newer. Net adjustment: -$11,071.
Adjusted +$27,706 for 93 sqft more living space and +$63,596 for being newer. Net adjustment: +$91,302.
Adjusted -$124,528 for 418 sqft less living space and +$15,899 for being newer. Net adjustment: -$108,629.
Adjusted +$166,534 for 559 sqft more living space and +$79,495 for being newer. Net adjustment: +$246,029.
The Neighborhood
This home is valued 18.7% below the I410600C - Gabriel's Overlook median of $818,008. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 3.4% over the past year.
I410600C - Gabriel's Overlook
below averageThis home is -18.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $11,493 across all districts. With a homestead exemption claimed, that drops to $9,635 — saving $1,858 per year. That's $803 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 |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $8,244 |
| Williamson County | County | 0.3694% | $2,458 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $496 |
| Williamson County FM/Rd | County | 0.0443% | $295 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $11,493 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $768,497 would pay approximately $4,797 per month (principal and interest only, excluding taxes and insurance).