1113 FESTIVAL ST, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $533,087 and $711,656, with a best estimate of $675,122. That places the property above the L130822C - PARKSIDE PENINSULA median of $596,845, in a neighborhood that appreciated 61.8% over the past year.
Estimated Value Range
$675,122
$528,084
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 $533,087 and $711,656. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$39,444 for 121 sqft more living space. Net adjustment: +$39,444.
Adjusted +$110,182 for 338 sqft more living space. Net adjustment: +$110,182.
Adjusted +$39,444 for 121 sqft more living space. Net adjustment: +$39,444.
Adjusted +$51,179 for 157 sqft more living space. Net adjustment: +$51,179.
Adjusted -$11,735 for 36 sqft less living space and +$12,489 for being newer. Net adjustment: +$754.
The Neighborhood
This home is valued 11.5% 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 -11.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $13,901 across all districts. With a homestead exemption claimed, that drops to $12,281 — saving $1,620 per year. That's $1,023 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% | $5,740 |
| Williamson County MUD #25 | MUD | 0.9200% | $4,858 |
| Williamson County | County | 0.3694% | $1,951 |
| Austin Community College | special | 0.1034% | $546 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $482 |
| Williamson County FM/Rd | County | 0.0443% | $234 |
| Upper Brushy Creek WCID | Water | 0.0170% | $90 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.6323% | $13,901 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $675,122 would pay approximately $4,214 per month (principal and interest only, excluding taxes and insurance).