1520 PARK LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $277,830 and $582,755, with a best estimate of $311,921. That places the property above the G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge median of $299,839, in a neighborhood that declined 1.9% over the past year.
Estimated Value Range
$311,921
$293,361
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 $277,830 and $582,755. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$20,792 for 102 sqft less living space. Net adjustment: -$20,792.
Adjusted +$6,931 for 34 sqft more living space and -$13,257 for being older. Net adjustment: -$6,326.
Adjusted +$34,246 for 168 sqft more living space and -$2,651 for being older. Net adjustment: +$31,595.
Adjusted +$9,785 for 48 sqft more living space. Net adjustment: +$9,785.
Adjusted -$32,208 for 158 sqft less living space and -$10,606 for being older. Net adjustment: -$42,814.
The Neighborhood
This home is valued 2.2% below the G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge median of $299,839. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.9% over the past year.
G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge
typicalThis home is -2.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,331 across all districts. With a homestead exemption claimed, that drops to $3,755 — saving $1,576 per year. That's $313 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% | $3,082 |
| Williamson County | County | 0.3694% | $1,084 |
| Georgetown | City | 0.3530% | $1,036 |
| Williamson County FM/Rd | County | 0.0443% | $130 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T06) | other | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,331 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $311,921 would pay approximately $1,947 per month (principal and interest only, excluding taxes and insurance).