216 LAKE THEO LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $606,125 and $901,033, with a best estimate of $695,367. That places the property above the L498610C - PARKSIDE AT MAYFIELD RANCH median of $567,434, in a neighborhood that declined 5.9% over the past year.
Estimated Value Range
$695,367
$596,603
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L498610C - PARKSIDE AT MAYFIELD RANCH, this home's estimated market value is between $606,125 and $901,033. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$209,558 for 777 sqft more living space. Net adjustment: +$209,558.
Adjusted +$128,648 for 477 sqft more living space. Net adjustment: +$128,648.
Adjusted +$120,826 for 448 sqft more living space and +$3,186 for being newer. Net adjustment: +$124,012.
Adjusted +$317,169 for 1,176 sqft more living space. Net adjustment: +$317,169.
Adjusted -$1,888 for 7 sqft less living space and -$3,186 for being older. Net adjustment: -$5,074.
The Neighborhood
This home is valued 5.1% above the L498610C - PARKSIDE AT MAYFIELD RANCH median of $567,434. With 936 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.9% over the past year.
L498610C - PARKSIDE AT MAYFIELD RANCH
typicalThis home is +5.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,520 across all districts. With a homestead exemption claimed, that drops to $10,888 — saving $1,632 per year. That's $907 per month a buyer should budget. The assessed value increased +0.1% vs the subdivision average of -5.9%. This above-average increase gives a protest opportunity score of 30 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $6,484 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $2,252 |
| Williamson County | County | 0.3694% | $2,204 |
| Austin Community College | special | 0.1034% | $617 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $596 |
| Williamson County FM/Rd | County | 0.0443% | $264 |
| Upper Brushy Creek WCID | Water | 0.0170% | $101 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $12,520 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $695,367 would pay approximately $4,340 per month (principal and interest only, excluding taxes and insurance).