1524 PARK LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $248,010 and $321,388, with a best estimate of $277,990. That places the property below 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
$277,990
$269,907
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge, this home's estimated market value is between $248,010 and $321,388. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$30,169 for 148 sqft less living space and +$3,977 for being newer. Net adjustment: -$26,192.
Adjusted -$2,854 for 14 sqft less living space and +$14,583 for being newer. Net adjustment: +$11,729.
Adjusted -$27,315 for 134 sqft less living space and +$17,234 for being newer. Net adjustment: -$10,081.
Adjusted -$69,308 for 340 sqft less living space and +$6,629 for being newer. Net adjustment: -$62,679.
Adjusted -$34,654 for 170 sqft less living space and +$17,234 for being newer. Net adjustment: -$17,420.
The Neighborhood
This home is valued 10.0% 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 -10.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,905 across all districts. With a homestead exemption claimed, that drops to $3,337 — saving $1,568 per year. That's $278 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% | $2,836 |
| Williamson County | County | 0.3694% | $997 |
| Georgetown | City | 0.3530% | $953 |
| Williamson County FM/Rd | County | 0.0443% | $120 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $4,905 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $277,990 would pay approximately $1,735 per month (principal and interest only, excluding taxes and insurance).