121 RED PECAN WAY, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $356,018 and $609,261, with a best estimate of $494,264. That places the property below the L131721C - PARKSIDE ON THE RIVER median of $543,580, in a neighborhood that appreciated 55.0% over the past year.
Estimated Value Range
$494,264
$606,523
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L131721C - PARKSIDE ON THE RIVER, this home's estimated market value is between $356,018 and $609,261. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$118,110 for 464 sqft less living space. Net adjustment: -$118,110.
Adjusted +$17,818 for 70 sqft more living space. Net adjustment: +$17,818.
Adjusted +$20,618 for 81 sqft more living space and +$3,150 for being newer. Net adjustment: +$23,768.
Adjusted -$37,164 for 146 sqft less living space. Net adjustment: -$37,164.
Adjusted +$16,800 for 66 sqft more living space and +$3,150 for being newer. Net adjustment: +$19,950.
The Neighborhood
This home is valued 11.6% above the L131721C - PARKSIDE ON THE RIVER median of $543,580. With 638 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 55.0% over the past year.
L131721C - PARKSIDE ON THE RIVER
typicalThis home is +11.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,015 across all districts. With a homestead exemption claimed, that drops to $13,432 — saving $1,583 per year. That's $1,119 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% | $6,372 |
| Parkside on the River MUD #1 | MUD | 0.9200% | $5,580 |
| Williamson County | County | 0.3694% | $2,241 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $553 |
| Williamson County FM/Rd | County | 0.0443% | $269 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4756% | $15,015 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $494,264 would pay approximately $3,085 per month (principal and interest only, excluding taxes and insurance).