111 LOCKHART LOOP, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $409,432 and $687,566, with a best estimate of $641,778. 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
$641,778
$617,145
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 $409,432 and $687,566. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$130,805 for 485 sqft less living space and +$3,186 for being newer. Net adjustment: -$127,619.
Adjusted +$48,546 for 180 sqft more living space. Net adjustment: +$48,546.
Adjusted -$17,800 for 66 sqft less living space. Net adjustment: -$17,800.
Adjusted +$61,492 for 228 sqft more living space. Net adjustment: +$61,492.
Adjusted +$49,625 for 184 sqft more living space. Net adjustment: +$49,625.
The Neighborhood
This home is valued 8.8% 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 +8.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,951 across all districts. With a homestead exemption claimed, that drops to $11,315 — saving $1,636 per year. That's $943 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% | $6,708 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $2,330 |
| Williamson County | County | 0.3694% | $2,280 |
| Austin Community College | special | 0.1034% | $638 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $617 |
| Williamson County FM/Rd | County | 0.0443% | $274 |
| Upper Brushy Creek WCID | Water | 0.0170% | $105 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $12,951 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $641,778 would pay approximately $4,006 per month (principal and interest only, excluding taxes and insurance).